$367,000
$425,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 08/24/2015
Key Details
Sold Price $367,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision 16 Units - In 4 - 4 Familes
MLS Listing ID 215015363
Sold Date 08/24/15
Year Built 1962
Annual Tax Amount $3,102
Lot Size 7,840 Sqft
Lot Dimensions 0.18
Property Sub-Type Apartment
Source Columbus and Central Ohio Regional MLS
Property Description
4 - 4 unit apartments totaling 16 units all 2 BR, 1 BA units - garden style 2 units down, 2 units up. Rent for $495 - $515/month for GSI of $95,040 2013 actual income of $85,159. New roof on every building (2013) and extensive interior renovations as units have turned over. Private fenced in playground area in front of units. Close to Hollywood Casino, restaurants, grocery store, and retail. Convenient to I-270/Broad St. interchange. Located just East off of Murray Hill in Lincoln Village. Extensive upgrades. Opportunity for outstanding cash flow and returns, management in place or manage as owner. Prices at literally 4.5 times gross!! Stable and captive rental market. Please do not disturb, curb offer subject to inspection. Priced to sell at $425,000/$25,500 unit!!
Location
State OH
County Franklin
Community 16 Units - In 4 - 4 Familes
Area 0.18
Zoning Multi-family
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Common
Schools
High Schools South Western Csd 2511 Fra Co.
School District South Western Csd 2511 Fra Co.
Others
Tax ID 240-004274
Acceptable Financing Conventional
Listing Terms Conventional
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