1309 Fair Avenue, Columbus, OH 43205

$2,040,000
Property Type: Multi-Family Lot Size (sq. ft.): 10,019 Status: Closed
Current Price: $2,040,000 List Date: 2/28/2022 Last Modified: 2/21/2025

Description

20 unit multifamily opportunity in rapidly developing Franklin Park next to Old Towne East! Between both buildings consisting of 8 large 2 bedroom/1 bath units, and 12- 1 bedroom/1 bath units. Rents are 20% below market rate. Property has many updates including stainless appliance packages and granite counters with updated restrooms and common areas. Property management can remain in place for 6%. Common area washer/dryers on each floor. Curb offers only, please do not disturb residents.

Supplements: ********

More Information MLS# 222005541

Location Property Info

Original List Price: 2000000 Sold Price: $2,040,000 Property Sub Type: Midrise Street #: 1309 Street Name: Fair Street Suffix: Avenue County: Franklin State: OH Zip Code: 43205 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2022-02-28

General Property Info

Number of Units: 20 Building Sqft: 7808 Year Built: 1959 Built Prior to 1978: Yes Acreage: 0.23

Tax Info

Parcel #: 010-019079 Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 010-016312-00 Tax Year: 2021 Tax Abatement: No Taxes (Yrly): 7608

Status Change Info

Under Contract Date: 2022-03-02 Sold Date: 2022-05-13 Sold Price: $2,040,000 Sold Price/SqFt: 261.27

1 Bedroom

1 Bedroom # of Units: 12

2 Bedroom

2 Bedroom # of Units: 8

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Water Tenant Pays: Electricity MLS Primary PhotoSrc: Realtor Provided
Listing Office: Smart Move, Realtors
Listing Agent: Jeffrey Sheu
Last Updated: February - 21 - 2025
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