3883 Linda Road, Hilliard, OH 43026 (MLS# 218031687)

3883 Linda Road, Hilliard, OH 43026

$1,800,000

Property Type: Multi-Family Lot Size (sq. ft.): 11,326 Status: Closed

Current Price: $1,800,000 List Date: 8/24/2018 Last Modified: 1/28/2025

Overview

Description

This 24 unit site is comprised of 5 buildings consisting of 16 2bds & 8 1bds. Units are well located and cared for. Each building has a common basement with coin op laundry system. Approx. 40 parking spots are available to the tenants. Tenants pay all unit utilities. Current rent roll is $16,988 a month and increasing with each lease secured. Buyers must submit proof of funds / lender letter prior to viewing the property. The current rent roll will be increased to 17,265 on Oct 1.

Listing Details MLS# 218031687

Location Property Info

Original List Price: 1825000
Property Sub Type: Midrise
Street #: 3883
Street Name: Linda
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43026
School District: HILLIARD CSD 2510 FRA CO.
Township: Norwich

OfficeContract Info

MLS Entry Date: 2018-08-21

General Property Info

Number of Units: 24
Building Sqft: 5400
Year Built: 1968
Built Prior to 1978: Yes
Acreage: 0.26

Tax Info

Parcel #: 050-002159
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 050-002160-00 050-002162-00 050-000248-00 050-000440-00
Tax Year: 2017
Tax Abatement: No
Taxes (Yrly): 25091
Tax Incentive: No

Status Change Info

Under Contract Date: 2018-09-04
Sold Date: 2018-10-17
Sold Price/SqFt: 333.33

1 Bedroom

1 Bedroom # of Units: 8

More Information

2 Bedroom

2 Bedroom # of Units: 16

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 337.96
City (Mailing Addr): Hilliard
Corp LimitPerAuditor: Hilliard

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: This 24 unit site is comprised of 5 buildings consisting of 16 2bds & 8 1bds. Units are well located and cared for. Each building has a common basement with coin op laundry system. Approx. 40 parking spots are available to the tenants. Tenants pay all unit utilities. Current rent roll is $16,988 a month and increasing with each lease secured. Buyers must submit proof of funds / lender letter prior to viewing the property. The current rent roll will be increased to 17,265 on Oct 1.

Income/Expenses

Gross Income: 203856
Net Operating Income: 0
Total Expenses: 0

Addl Acceptance Cond

None Known: Yes

Construction

Aluminum: Yes
Brick: Yes

Heat Fuel

Gas: Yes

Tenant Pays

Gas: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes
Electricity: Yes

Heating

Forced Air: Yes

Air Conditioning

Central Air: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Aluminum; Brick MLS Primary PhotoSrc: Realtor Provided

Listing Office: Peak Property Group Realty

Listing Agent: Sean M Ash

Last Updated: January - 28 - 2025

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