$1,625,000
SOLD DEC 13, 2024

699 Wetmore Rd Columbus, OH 43214

Clintonville Neighborhood
-- Bed
-- Bath
12,390 Sq Ft
1968 Built

Recently Sold

$131 Per Sq Ft

8% Above List Price

22 Days on Market

About This Home

As of December 2024

Clintonville 16-Unit Apt Building located at the corner of Indianola & Wetmore Rd. Features 15 one-bedroom units and 1 studio, with 14 units currently leased as of 11/15/24, generating an AVG rent of $982.85/m. The rent roll is available under documents. New roof 2018. There are 14 carports and off-street parking for approx. 12 additional vehicles.
Owner covers gas, water, and sewer, while residents pay electricity. With two units renting for $1,095 and $1,145, there's potential for rent increases. This building is a stable, long-term investment located on a bus line. Buyer concessions may be considered. This building is a stable long-term investment on the bus line that is a GOOD CANDIDATE FOR an A 1031 EXCHANGE BUYER. New roof in 2018

Last Agent to Sell the Property

Joseph C Jackson

Keller Williams Capital Ptnrs License #2014000204 Listed on: 11/18/2024

Keller Williams Capital Ptnrs

Last Buyer's Agent

Sarah Dawes

RE/MAX Capital Centre License #2023002353

RE/MAX Capital Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,566

Year Built

  • Built in 1968

Lot Details

  • Additional Parcels

Home Design

  • 12,390 Sq Ft Home
  • Brick Exterior Construction

Parking

  • 26 Parking Spaces
  • 3 Carport Spaces
  • On-Street Parking
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for gas, sewer, trash collection, water
  • Assessor Parcel Number 010-084787

Community Details

Overview

  • 16 Units
  • Mid-Rise Condominium

Building Details

  • Fuel Expense $12,191
  • Insurance Expense $8,377
  • Maintenance Expense $16,567
  • Operating Expense $69,311
  • Gross Income $164,826
  • Net Operating Income $95,515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,566

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1968
  • Tax Year: 2023
  • Property Sub-Type: Midrise
  • Total Gross Income: 164826.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 164826.0
  • Annual Expenses: 69311.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 12390.0
  • General Property Info # of Buildings: 1.0
  • Miscellaneous Carports: 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
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 26.0
  • Parking Features On Street2: Yes
  • General Property Info Off Street Parking Spaces2: 1.0
  • General Property Info Carport Spaces2: 3.0

Utilities

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

Fee Information

  • Annual Fuel Expense: 12191.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-084787
  • Additional Parcels Description: 010084789 & 010084788
  • Additional Parcels: Yes
  • Zoning Description: AR-1

Rental Info

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

Multi Family

  • Number Of Units Total: 16
  • Insurance Expense: 8377.0
  • Maintenance Expense: 16567.0
  • Net Operating Income: 95515.0
  • Annual Operating Expense: 69311.0

Tax Info

  • Tax Annual Amount: 29566.0

Range of Values:

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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
12/13/2024 12/13/24 Sold $1,625,000 +8.3% $131 / Sq Ft
11/18/2024 11/18/24 For Sale $1,500,000 -- $121 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph C Jackson

    Seller's Agent in 2024

    Joseph C Jackson

    Keller Williams Capital Ptnrs

    (614) 888-1000

    35 in this area

    188 Total Sales

    Joseph C Jackson
    Section Image
  • Sarah Dawes

    Buyer's Agent in 2024

    Sarah Dawes

    RE/MAX

    (614) 307-4781

    2 in this area

    14 Total Sales

    Sarah Dawes
    Section Image
See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 224040759

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43214 Clintonville

699 Wetmore Rd, Columbus, OH

This home is located at 699 Wetmore Rd, Columbus, OH 43214 and is currently priced at $1,625,000, approximately $131 per square foot. This property was built in 1968. 699 Wetmore Rd is a home located in Franklin County with nearby schools including Colerain Elementary School, Dominion Middle School, and Whetstone High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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