NOT LISTED FOR SALE

602 E Town St Columbus, OH 43215

Discovery District Neighborhood
13 Beds
-- Bath
19,053 Sq Ft
0.74 Acres

Last Sold July 21, 2016

Last sale price $1,000,000 $52 Per Sq Ft

6 Days on Market

Highlights

  • 0.74 Acre Lot
  • 8 Car Attached Garage
  • Hot Water Heating System
  • Fireplace
  • Window Unit Cooling System

About This Home

As of July 2016

Highest & Best offers due @ 12pm WEDS 6.8.16. Chateau DeVille located on Historic Tree-Lined East Town Street. Central location to Olde Towne East, Downtown, Franklin University, CCAD, Grant Hospital, & Main Downtown Library! Long term term owners have maintained this building! High quality replacement windows, roof, boiler, domestic hot water system all have been replaced! Attached underground parking garage, interior storage, & laundry room. Situated on a .74 acre lot. 100% occupied with great tenants!! Interiors retain all original woodwork, hardwood floors, vintage bathroom tile, built-ins, & decorative fireplaces.
Rents are as follows:
#1$750, #2$750, #3$650, #4$695, #5$675, #6$675, 604e.town - separate entrance from main building $900, #7$995, #8$650, #9$725, #10$650, #11$650, #12$

Last Agent to Sell the Property

Alex Macke

Carriage Trade Realty, Inc. License #448904 Listed on: 06/03/2016

Last Buyer's Agent

Patricia Kearns-Davis

RE/MAX Capital Centre License #214314

RE/MAX Capital Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,516

Year Built

  • Built in 1932

Lot Details

  • 0.74 Acre Lot

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 19,053 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup
  • Basement

Parking

  • 8 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Heating System Uses Gas
  • Gas Available

Listing and Financial Details

  • The owner pays for gas, sewer, water
  • Assessor Parcel Number 010-026431

Community Details

Overview

  • 13 Units

Building Details

  • Electric Expense $4,000
  • Fuel Expense $11,200
  • Insurance Expense $4,584
  • Maintenance Expense $9,969
  • Supplies Expense $15,996
  • Water Sewer Expense $4,500
  • Operating Expense $67,514
  • Gross Income $117,733
  • Net Operating Income $50,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,516

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1932
  • Tax Year: 2015
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.74
  • Total Gross Income: 117733.0
  • Supplies Expense: 15996.19
  • Co List Office Phone: 614-228-1939
  • MLS Status: Closed
  • Subdivision Name: Town Street Historic District. Discovery District.
  • Location Property Info List PriceSqFt: 47.18
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 117733.0
  • Annual Expenses: 67514.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 19053.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous Fireplace: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 8.0
  • Parking Features Attached Garage2: Yes
  • Parking Features Side Load2: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Heating: Hot Water
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Hot Water: Yes

Fee Information

  • Annual Fuel Expense: 11200.0
  • Annual Water Sewer Expense: 4500.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-026431
  • Lot Size Sq Ft: 32234.4

Rental Info

  • Owner Pays: Gas, Sewer, Water

Multi Family

  • Number Of Units Total: 13
  • Electric Expense: 4000.0
  • Insurance Expense: 4584.0
  • Maintenance Expense: 9969.48
  • Net Operating Income: 50218.0
  • Annual Operating Expense: 67514.0

Tax Info

  • Tax Annual Amount: 13516.0

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2016 07/21/16 Sold $1,000,000 +11.2% $52 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $899,000 -- $47 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex Macke

    Seller's Agent in 2016

    Alex Macke

    Carriage Trade Realty, Inc.

    (614) 218-4419

    80 Total Sales

    Alex Macke
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216019515

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43215 Discovery District

602 E Town St, Columbus, OH

Not Listed for Sale

MultiFamily

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