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
Overview
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.
Listing Details MLS# 221015728
Location Property Info
- Original List Price
- 2500000
- 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
- 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/SqFt
- 140.86
2 Bedroom
- 2 Bedroom # of Units
- 20
- 2 Bedroom Month Rent Per Unit
- 915
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 140.86
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property 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.
Income/Expenses
- Gross Income
- 18310
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- Common
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
Miscellaneous
- W/D Hookups
- Yes
Tenant Pays
- Gas
- Yes
- Sewer
- Yes
- Water
- Yes
- Electricity
- Yes
Alternate Uses
- Residential
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Trash
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 J Rubin
Last Updated: February - 13 - 2025
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