1303-1307 King Avenue, Columbus, OH 43212
$2,500,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
22,651
Status:
Closed
Current Price:
$2,500,000
List Date:
5/13/2021
Last Modified:
2/13/2025
Description
Great income generating investment property in the Grandview area between 5th St. and King Ave. just west of Northwest Blvd. PRIME LOCATION. 20 2 bedroom 1 bath flats in 3 buildings. The average rent is $915.50 and the total income per month is currently $18310. 4 units have brand new kitchens and baths and rent for $1185/month. The photos are of the remodeled unit. All units have washer/dryer closets and central air conditioning. Tenants pay gas, electric and water. Water is separately metered for each unit. Currently 100% occupied. Easy to rent in a high demand area. Agent has interest in property.
Supplements: ********
More Information MLS# 221015728
Location Property Info
Original List Price: 2500000
Sold Price: $2,500,000
Property Sub Type: Flat
Street #: 1303-1307
Street Name: King
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43212
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2021-05-12
General Property Info
Number of Units: 20
# of Buildings: 3
Total Parking: 22
Building Sqft: 17748
Year Built: 1960
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 0.52
Tax Info
Parcel #: 010-061740
Tax Year: 2020
Tax Abatement: No
Taxes (Yrly): 26229
Tax Incentive: No
Status Change Info
Under Contract Date: 2021-05-14
Sold Date: 2021-06-30
Sold Price: $2,500,000
Sold Price/SqFt: 140.86
2 Bedroom
2 Bedroom # of Units: 20
2 Bedroom Month Rent Per Unit: 915
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Parking Features: Common
Owner Pays: Trash
Tenant Pays: Electricity; Gas; Sewer; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer
Miscellaneous: W/D Hookups
Alternate Uses: Residential
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Columbus Realty Source, LLC
Listing Agent: Daniel Rubin
Last Updated: February - 13 - 2025
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