NOT LISTED FOR SALE
4 Beds
-- Bath
6,048 Sq Ft
10,454 Sq Ft Lot

Last Sold July 11, 2024

Last sale price $390,000 $64 Per Sq Ft

About This Home

As of July 2024

Multi-unit building with 4 units, each featuring 2 bedrooms and 1 bath. 635-641 Racine Ave. All units are currently on a month-to-month lease. Please submit curb offers only and do not disturb tenants. Property is being sold as-is. Each unit includes a basement, providing extra storage or living space potential. New windows in 2021. The side yard has a fenced area, adding outdoor space for tenants to enjoy. Check out this investment opportunity. Don't miss out on this promising property!

Last Agent to Sell the Property

Caroline Shroyer

Keller Williams Consultants License #416809 Listed on: 06/10/2024

Keller Williams Consultants

Last Buyer's Agent

Patrick Drury

Reafco License #2021001448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1925

Lot Details

  • 10,454 Sq Ft Lot

Home Design

  • 6,048 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • No Cooling
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-068376

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $8,103
  • Gross Income $36,000
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,565

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1925
  • Tax Year: 2023
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.24
  • Total Gross Income: 36000.0
  • Co List Office Phone: 614-932-2000
  • MLS Status: Closed
  • Subdivision Name: Wilshire Heights
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 36000.0
  • Annual Expenses: 8103.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 6048.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Natural Gas Available, Electricity Available

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-068376
  • Lot Size Sq Ft: 10454.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 28000.0
  • Annual Operating Expense: 8103.0

Tax Info

  • Tax Annual Amount: 3565.0

Range of Values:

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/11/2024 07/11/24 Sold $390,000 +5.4% $64 / Sq Ft
06/10/2024 06/10/24 For Sale $370,000 -- $61 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224019029

Columbus and Central Ohio Regional MLS