$225,900
SOLD DEC 27, 2019
-- Bed
-- Bath
4,200 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

6% Below List Price

10 Days on Market

About This Home

As of November 2022

A unique opportunity to own an all brick, large (4200 Sq.ft), 4 unit apartment complex. Large corner lot with two private driveways for all the tenants. Over $60,000 in renovations, new roof, new doors, updated kitchens and baths, hardwood floors throughout. Each unit has a full basement with a washer and dryer hookup. 100% leased with long term tenants. Rents are low at $550,$550,$525,$550. Easily could be $600 &$650/Month. Tenants unaware of the sale, please do not disturb. Agent owned.

Last Agent to Sell the Property

George Ioannides

RE/MAX Achievers Listed on: 10/28/2019

Last Buyer's Agent

Matthew Brady

Red 1 Realty

Red 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 4,200 Sq Ft Home
  • Mixed Use

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 010-071118

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $7,304
  • Gross Income $26,100
  • Net Operating Income $18,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,770

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1955
  • Tax Year: 2019
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.23
  • Total Gross Income: 26100.0
  • Co List Office Phone: 614-848-9400
  • MLS Status: Closed
  • Income Expenses Gross Income: 26100.0
  • Annual Expenses: 7304.48
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 4200.0
  • General Property Info # of Buildings: 1.0
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-071118
  • Lot Size Sq Ft: 10018.8

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 18795.52
  • Annual Operating Expense: 7304.48

Tax Info

  • Tax Annual Amount: 3770.0

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
11/02/2022 11/02/22 Sold $345,750 -1.2% $82 / Sq Ft
09/01/2022 09/01/22 For Sale $350,000 +54.9% $83 / Sq Ft
12/27/2019 12/27/19 Sold $225,900 -5.9% $54 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
10/28/2019 10/28/19 For Sale $240,000 -- $57 / 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: 219040714

Columbus and Central Ohio Regional MLS