NOT LISTED FOR SALE

976 Franklin Ave Unit 978 Columbus, OH 43205

Olde Towne East Neighborhood
4 Beds
-- Bath
3,831 Sq Ft
5,663 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $675,000 $176 Per Sq Ft

29 Days on Market

About This Home

As of April 2022

Very well maintained & improved Brick 4 Unit in the heart of Olde Towne East. 3,831 SF. Currently 100% leased. $4,170/mo Gross Rents + tenants pay all utilities. 3 units on M2M leases.
976: 800 SF - $995/mo – M2M
976 ½: 720 SF - $1,000/mo thru 3/2023
978: 800 SF - $975/mo – M2M
978 ½: 1,511 SF - $1,200/mo – M2M
Expose brick everywhere, high ceilings, original trim/woodwork, doors, hardwood floors & LVT Flooring
All new kitchens, appliances (past 4 years), new windows (2018/2019), updated elec, plumb, central air, full size washer/dryers for each unit. Shared Basements/great storage, glass block, extensive landscaping. Off Street parking. Huge Front porches (976/978). 978 ½: 1500 SF 2 story unit well below market. Ideal investment or Owner Occupant Opportunity.

Last Agent to Sell the Property

Douglas Tenenbaum

Howard Hanna Real Estate Svcs Listed on: 03/07/2022

Last Buyer's Agent

Remington Lyman

Reafco License #2022001862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1920

Lot Details

  • 5,663

Home Design

  • 3,831 Sq Ft Home
  • Brick Exterior Construction

Parking

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

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 5,663 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-008048

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $9,052
  • Gross Income $51,820
  • Net Operating Income $42,768

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,935

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1920
  • Tax Year: 2021
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.13
  • Total Gross Income: 51820.0
  • Co List Office Phone: 614-240-7400
  • MLS Status: Closed
  • Subdivision Name: Olde Towne East
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 51820.0
  • Annual Expenses: 9052.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 3831.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 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, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-008048
  • Lot Size Sq Ft: 5662.8
  • Zoning Description: Residential, R3

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 42768.0
  • Annual Operating Expense: 9052.0

Tax Info

  • Tax Annual Amount: 4935.0

Range of Values:

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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
04/06/2022 04/06/22 Sold $675,000 0.0% $176 / Sq Ft
03/06/2022 03/06/22 For Sale $675,000 -- $176 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Douglas Tenenbaum

    Howard Hanna Real Estate Svcs

  • Remington Lyman

    Buyer's Agent in 2022

    Remington Lyman

    Reafco

    (614) 541-8475

    6 in this area

    435 Total Sales

    Remington Lyman
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222006403

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43205 Olde Towne East

976 Franklin Ave Unit 978, Columbus, OH

This home is located at 976 Franklin Ave Unit 978, Columbus, OH 43205 since 07 March 2022. This property was built in 1920. 976 Franklin Ave Unit 978 is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

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