$529,000
$599,900
11.8%For more information regarding the value of a property, please contact us for a free consultation.
5,227 Sqft Lot
SOLD DATE : 03/29/2024
Key Details
Sold Price $529,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Olde Towne East
MLS Listing ID 224000939
Sold Date 03/29/24
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1940
Annual Tax Amount $5,630
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Description
Here, finally, is an investment property that makes sense. A rare 8 unit, comprised of efficiency apartments, in a stellar Olde Towne East location. Rents of over $6,000/month from a well-managed building that has upgraded units as they become vacant over the years. Some units are better updated than others but all 8 are currently rented - leases attached. Owner pays utilities. The full basement is underutilized and could bring in more for coin-op or storage potentially. This is a needle in a haystack of over-priced investment options, put this building in your portfolio.
Location
State OH
County Franklin
Community Olde Towne East
Area 0.12
Rooms
Dining Room No
Interior
Equipment No
Schools
High Schools Columbus Csd 2503 Fra Co.
Others
Tax ID 010-004039
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