1518 Waltham Road, Upper Arlington, OH 43221
$1,100,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
14,375
Status:
Closed
Current Price:
$1,100,000
List Date:
3/21/2022
Last Modified:
2/22/2025
Description
Stunning, lucrative, multifamily located South of Lane in the highly sought out area of Upper Arlington. 4 townhomes which most have been fully renovated. Each unit comes with its own assigned carport. Property is managed extremely well with high quality tenants and has the highest rents on the block. These units are extremely sought after and never last more than a few hours on the rental market. Newer roof, newer gutters, newer windows, electrical, AC, furnaces, kitchens, plumbing, bathrooms, and extensive carport maintenance has been done. This property runs on its own and has great cash flow, producing an attractive cap rate. Tenants pay for all utilities. Perfect for condo conversion. Agent owned. CURBSIDE OFFERS ONLY.
Supplements: ********
More Information MLS# 222008169
Location Property Info
Original List Price: 1200000
Sold Price: $1,100,000
Property Sub Type: Townhouse
Street #: 1518
Street Name: Waltham
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43221
School District: UPPER ARLINGTON CSD 2512 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2022-03-21
General Property Info
Number of Units: 4
# of Buildings: 1
Total Parking: 4
Carport Spaces: 3
Building Sqft: 7008
Year Built: 1951
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 0.33
Tax Info
Parcel #: 070-003452
Tax Year: 2021
Tax Abatement: No
Taxes (Yrly): 14912
Status Change Info
Under Contract Date: 2022-04-22
Sold Date: 2022-04-29
Sold Price: $1,100,000
Sold Price/SqFt: 156.96
2 Bedroom
2 Bedroom # of Units: 2
3 Bedroom
3 Bedroom # of Units: 2
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water
Heat Fuel: Electric
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Sewer: Public Sewer
Miscellaneous: Basement; Carports; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: OwnerLand Realty, Inc.
Listing Agent: Francis Beracha
Last Updated: February - 22 - 2025
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