$529,000
$599,900
11.8%For more information regarding the value of a property, please contact us for a free consultation.
5,220 SqFt
SOLD DATE : 03/29/2024
Key Details
Sold Price $529,000
Property Type Multi-Family
Sub Type Flat
Listing Status Sold
Purchase Type For Sale
Square Footage 5,220 sqft
Price per Sqft $101
Subdivision Olde Towne East
MLS Listing ID 224000939
Sold Date 03/29/24
HOA Y/N No
Year Built 1940
Annual Tax Amount $5,630
Tax Year 2022
Lot Size 5,227 Sqft
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
Schools
School District Columbus Csd 2503 Fra Co.
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Bought with Brandon B Chase • Red 1 Realty
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”