$1,060,000
SOLD JAN 6, 2020
-- Bed
-- Bath
-- Sq Ft
1.05 Acres

Recently Sold

6% Below List Price

29 Days on Market

About This Home

As of November 2021

A great opportunity to own a solid unit mix near downtown Columbus. This experienced owner-operator has completely renovated this property into a turn-key asset. It's ready for a new investor to enter the rapidly growing Columbus market or for a seasoned owner to add units to their portfolio and begin collecting rent immediately. While recently renovated, there is still a significant amount of investment upside available for value add investors.

Renovations in past 2 years include:
-All roofs (2018 & 2019)
- All furnaces
- All windows
- All interiors (flooring, cabinets, doors, shower surrounds)
- Most appliances (Oven, Refrigerator)
- 8 air-conditioner units
- Exterior landscaping
- Exterior fencing around the property

Last Agent to Sell the Property

Kareem Amr

Roby Realty License #2014003422

Roby Realty

Co-Listed By

Michael Rodriguez

SVN Wilson Commercial

Last Buyer's Agent

Jeff Ruff

Cutler Real Estate License #367716

Cutler Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $923

Year Built

  • Built in 1958

Lot Details

  • 1.05 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 010-034097

Community Details

Overview

  • 16 Units

Building Details

  • Operating Expense $41,358
  • Gross Income $142,644
  • Net Operating Income $101,286

Property Details

Home Type

Apartment

Est. Annual Taxes

$923

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1958
  • Tax Year: 2019
  • Property Sub-Type: Apartment
  • Lot Size Acres: 1.05
  • Total Gross Income: 142644.0
  • Co List Office Mls Id: 10119
  • Co List Office Phone: 614-944-5140
  • Co List Office Phone: 614-944-5140
  • MLS Status: Closed
  • Income Expenses Gross Income: 142644.0
  • Annual Expenses: 41358.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-034097
  • Lot Size Sq Ft: 45738.0

Multi Family

  • Number Of Units Total: 16
  • Net Operating Income: 101286.0
  • Annual Operating Expense: 41358.0

Tax Info

  • Tax Annual Amount: 923.0

Map

Range of Values:

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ICE

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Average Value
Not Available
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
11/19/2021 11/19/21 Sold $1,095,000 -12.4% $133 / Sq Ft
10/24/2021 10/24/21 Price Changed $1,250,000 -3.8% $152 / Sq Ft
10/13/2021 10/13/21 Price Changed $1,300,000 -3.7% $158 / Sq Ft
10/03/2021 10/03/21 Price Changed $1,350,000 +3.8% $165 / Sq Ft
09/30/2021 09/30/21 For Sale $1,300,000 +18.7% $158 / Sq Ft
09/30/2021 09/30/21 Off Market $1,095,000 -- --
09/28/2021 09/28/21 For Sale $1,300,000 +22.6% $158 / Sq Ft
01/06/2020 01/06/20 Sold $1,060,000 -5.8% --
11/23/2019 11/23/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $1,125,000 +294.7% --
02/01/2016 02/01/16 Sold $285,000 -17.4% $17 / Sq Ft
01/02/2016 01/02/16 Pending -- -- --
05/05/2015 05/05/15 For Sale $345,000 -- $21 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219040462

Columbus and Central Ohio Regional MLS