NOT LISTED FOR SALE
12 Beds
-- Bath
14,312 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: July 1, 2020

Last sale price $1,600,000 $112 Per Sq Ft

19 Days on Market

Highlights

  • Fireplace
  • Forced Air Heating and Cooling System
  • 5-minute walk to Thompson Park
  • Window Unit Cooling System

About This Home

As of July 2020

Amazing Value-add Investment Opportunity. 12 Units. Perfect Location to High Street. The Core of the Short North. Walk to Chipotle! 3 units are used as furnished short-term rentals with management in place. 6 units have been extensively renovated. Great Bones with 11ft ceilings! 12 spot parking pad in the back could be monetized. On-site Coin Laundry in Basement. Very easy to rent due to location. Seller Financing available.

Before Covid, the total monthly cashflow was between $15,000-$19,000 depending on occupancy. Short term rentals occupancy still above 85% during the epidemic

Last Agent to Sell the Property

Carson Thrush

List License #2013003011 Listed on: 04/27/2020

Last Buyer's Agent

Zachary White

Signature Real Estate License #2014002434

Signature Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,027

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 14,312 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, trash collection, water
  • Assessor Parcel Number 010-045408

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $70,893
  • Gross Income $183,370
  • Net Operating Income $112,477

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,027

Year Built

Built in 1940

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1940
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.22
  • Total Gross Income: 183370.0
  • Co List Office Phone: 614-224-5478
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 110.05
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 183370.0
  • Annual Expenses: 70893.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 14312.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-045408
  • Lot Size Sq Ft: 9583.2

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 112477.0
  • Annual Operating Expense: 70893.0

Tax Info

  • Tax Annual Amount: 16027.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jul 1, 2020
Sold by
Bought by
Seller's Agent
Carson Thrush
List
Buyer's Agent
Zachary White
Signature Real Estate
List Price
$1,575,000
Sold Price
$1,600,000
Premium/Discount to List
$25,000
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
0.028%
Mortgage Type
Construction

Purchase Details

Closed on
May 9, 2017
Sold by
Bought by

Purchase Details

Closed on
Jan 13, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1992
Bought by

Purchase Details

Closed on
Aug 10, 1992
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,600,000 Pillar Title Agency
-- Pillar Title Ag
-- Pillar Titl
$419,500 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,725,000
Closed $120,000
Previous Owner $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $1,600,000 +1.6% $112 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $1,575,000 -- $110 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,094 $270,730 $34,020 $236,710
2024 $20,094 $270,730 $34,020 $236,710
2023 $19,776 $270,725 $34,020 $236,705
2022 $38,190 $509,250 $39,130 $470,120
2021 $16,855 $223,790 $39,130 $184,660
2020 $16,739 $223,790 $39,130 $184,660
2019 $16,027 $194,600 $34,020 $160,580
2018 $14,126 $194,600 $34,020 $160,580
2017 $16,009 $194,600 $34,020 $160,580
2016 $13,223 $151,940 $34,020 $117,920
2015 $12,277 $151,940 $34,020 $117,920
2014 $12,271 $151,940 $34,020 $117,920
2013 -- $131,250 $17,850 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 220012634

Columbus and Central Ohio Regional MLS
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