869-893 N Meadows Court, Columbus, OH 43229 (MLS# 214029050)

869-893 N Meadows Court, Columbus, OH 43229

$1,018,500

Property Type: Multi-Family Lot Size (sq. ft.): 23,522 Status: Closed

Current Price: $1,018,500 List Date: 6/25/2014 Last Modified: 1/07/2025

Description

36 units on three parcels available for sale, at $30k per unit. Great investment opportunity. A majority of the units have already been renovated, the roof was replaced 2010, windows were replaced in 2003, and all mechanicals are updated & modern. The property is truly ready for someone to come in and maximize profits. Every unit is 2 bedrooms with one full bath and a basement. 7 buildings in total, with 4 buildings having 6 units and 3 buildings have 4 units. Average rent is around $600/month per unit.

Supplements: ********

More Information MLS# 214029050

Location & Property Info

List Price/SqFt: 148.15 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

# of Buildings: 7 Occupancy Rate: 75 Built Prior to 1978: Yes Total Parking: 2 Building Sqft: 7290 Number of Units: 36 Year Built: 1963 Acreage: 0.54

Tax Info

Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 010-134962 010-134963 Taxes (Yrly): 22409 Parcel #: 010-134961 Tax Year: 2013

Remarks & Misc

Property Description: 36 units on three parcels available for sale, at $30k per unit. Great investment opportunity. A majority of the units have already been renovated, the roof was replaced 2010, windows were replaced in 2003, and all mechanicals are updated & modern. The property is truly ready for someone to come in and maximize profits. Every unit is 2 bedrooms with one full bath and a basement. 7 buildings in total, with 4 buildings having 6 units and 3 buildings have 4 units. Average rent is around $600/month per unit.

Status Change Info

Sold Price/SqFt: 139.71 Under Contract Date: 2014-07-16 Sold Date: 2014-09-24 Sold Price: $1,018,500

Income/Expenses

Gross Income: 213681 Net Operating Income: 180600 Total Expenses: 33081

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 36

Construction

Brick: 1

Heat Fuel

Gas: 1

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Water: 1 Electricity: 1

Heating

Forced Air: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1080000 Sold Price: $1,018,500 Property Sub Type: Townhouse Street #: 869-893 Street PreDirection: N Street Name: Meadows Street Suffix: Court County: Franklin State: OH Zip Code: 43229 Subdiv/Cmplx/Comm: North Meadows Apartments School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2014-06-24

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Miscellaneous: Basement; W/D Hookups MLS Primary PhotoSrc: Realtor Provided

Listing Office: Core Ohio, Inc.

Listing Agent: Matthew D Cochrell

Last Updated: January - 07 - 2025

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