3298 E 5th Avenue, 3294, Columbus, OH 43219 (MLS# 225001850)

3298 E 5th Avenue, 3294, Columbus, OH 43219

$1,300,000

Property Type: Multi-Family Lot Size (sq. ft.): 34,412 Status: Closed

Current Price: $1,300,000 List Date: 1/21/2025 Last Modified: 3/28/2025

Description

Prime Investment Opportunity: 12-Unit Multifamily Property - Fully Turnkey, High Potential! A rare and exceptional opportunity to acquire a fully renovated, 12-unit multifamily property in a desirable location. This property features all 3-bedroom units, offering spacious layouts that are ideal for attracting long-term tenants. With only one unit currently occupied, this is your chance to place your own tenants, select your own management, and maximize the property's potential. Recent roof upgrades provide peace of mind and added durability for years to come. This is an ideal opportunity for savvy investors looking for a well-maintained, low-maintenance asset with immediate rental potential and high long-term returns.

Supplements: ********

More Information MLS# 225001850

Location & Property Info

List Price/SqFt: 285.57 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: No Building Sqft: 4724 Number of Units: 12 Year Built: 1969 Acreage: 0.79

Tax Info

Tax Abatement: No Taxes (Yrly): 17756 Parcel #: 010-070201 Tax Year: 2024

Remarks & Misc

Property Description: Prime Investment Opportunity: 12-Unit Multifamily Property - Fully Turnkey, High Potential! A rare and exceptional opportunity to acquire a fully renovated, 12-unit multifamily property in a desirable location. This property features all 3-bedroom units, offering spacious layouts that are ideal for attracting long-term tenants. With only one unit currently occupied, this is your chance to place your own tenants, select your own management, and maximize the property's potential. Recent roof upgrades provide peace of mind and added durability for years to come. This is an ideal opportunity for savvy investors looking for a well-maintained, low-maintenance asset with immediate rental potential and high long-term returns.

Status Change Info

Sold Price/SqFt: 275.19 Under Contract Date: 2025-03-19 Sold Date: 2025-03-28 Sold Price: $1,300,000

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

3 Bedroom

3 Bedroom # of Units: 12

Heat Fuel

Gas: 1

Parking Features

On Street: 1 Common: 1

Sewer

Public Sewer: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1375050 Sold Price: $1,300,000 Property Sub Type: Townhouse Street #: 3298 Street PreDirection: E Street Name: 5th Street Suffix: Avenue Unit/Suite #: 3294 County: Franklin State: OH Zip Code: 43219 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2025-01-21

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street; Common Heat Fuel: Gas Heating: Forced Air Sewer: Public Sewer MLS Primary PhotoSrc: Realtor Provided

Listing Office: Red 1 Realty

Listing Agent: Abigail E Swihart Valentine

Last Updated: March - 28 - 2025

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