List Price/SqFt: 221.4
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
For Sale: Yes
Exchange: Yes
Occupancy Rate: 100
Built Prior to 1978: Yes
Total Parking: 6
Building Sqft: 5646
Use Code: 550 - CONDOMINIUM RESIDENTIAL UNIT
Number of Units: 4
Year Built: 1885
Acreage: 0.16
Zoning: M
Addl Parcel Numbers: 010-280597
010-280598
010-280599
Tax Abatement: No
Taxes (Yrly): 25851
Tax Incentive: No
Parcel #: 010-280596
Tax Year: 2020
Property Description: 4 Unit Brick Townhouse Condo Building in the heart of the Brewery District. 100% Leased (746 thru 4/1/21; 740-744 thru 7/1/21). Ave Rents: $1,983/mo/unit ($2,100/$1,850/$1,930/$2,050). Below market rents Ave $1.40/SF. Large units (1,452 SF/1,386 SF/1,386 SF/1,422 SF). Completely renovated & updated--all HVAC, Roof, Elec., Plumb., Drywall, windows, doors, flooring, appliances, lighting, kitchens & baths with custom cabinets, granite; Master Baths have jacuzzi, heated floors, glass showers. Full basements with W/D & dry storage. 10' ceilings up/down. 6-car carport, front porches, rear patios, flueless gas fireplaces. This property is a 10! Ideal for investor or owner occupant & easy exit by selling individually. Located at the SEC of S. Front St & W. Frankfort St across from Grange Park.
Sold Price/SqFt: 209.44
Under Contract Date: 2021-03-02
Sold Date: 2021-03-04
Sold Price: $1,182,500
Gross Income: 95160
Net Operating Income: 61256
Total Expenses: 33903
2 Bedroom # of Units: 4
2 Bedroom Month Rent Per Unit: 1983
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Basement: 1
Building Plans: 1
Carports: 1
Fireplace: 1
Security System: 1
W/D Hookups: 1
Auction/Online Bidding Y/N: No
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Original List Price: 1250000
Sold Price: $1,182,500
Property Sub Type: Townhouse
Street #: 740-746
Street PreDirection: S
Street Name: Front
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43206
Subdiv/Cmplx/Comm: Brewery District/Euro Condominium/German Village
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
Status: Closed
MLS Entry Date: 2020-12-23
Addl Acceptance Cond: None Known
Parking Features: On Street
Owner Pays: Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; Building Plans; Carports; Fireplace; Security System; W/D Hookups
Alternate Uses: Residential
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
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