1532 Waltham Road, Upper Arlington, OH 43221

$900,000
Property Type: Multi-Family Lot Size (sq. ft.): 13,939 Status: Closed
Current Price: $900,000 List Date: 7/15/2022 Last Modified: 2/24/2025

Description

Stunning, lucrative, multifamily located South of Lane in the highly sought out area of Upper Arlington. 4 townhomes with basements. 3 fully renovated units. 1 is original. Each unit comes with its own assigned carport. Property is managed extremely well with high quality tenants. 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. Tenants pay for all utilities. Property fully occupied so we are accepting curbside offers with pre-approval or proof of funds only.

Supplements: ********

More Information MLS# 222026522

Location & Property Info

List Price/SqFt: 149.69 City (Mailing Addr): Upper Arlington Corp LimitPerAuditor: Upper Arlington

Office/Contract Info

For Sale: Yes Exchange: Yes

General Property Info

# of Buildings: 1 Occupancy Rate: 100 Built Prior to 1978: Yes Total Parking: 4 Building Sqft: 7008 Number of Units: 4 Year Built: 1951 Acreage: 0.32

Tax Info

Tax Abatement: No Taxes (Yrly): 14905 Tax Incentive: No Parcel #: 070-003453 Tax Year: 2021

Remarks & Misc

Property Description: Stunning, lucrative, multifamily located South of Lane in the highly sought out area of Upper Arlington. 4 townhomes with basements. 3 fully renovated units. 1 is original. Each unit comes with its own assigned carport. Property is managed extremely well with high quality tenants. 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. Tenants pay for all utilities. Property fully occupied so we are accepting curbside offers with pre-approval or proof of funds only.

Status Change Info

Sold Price/SqFt: 128.42 Under Contract Date: 2022-12-26 Sold Date: 2023-01-17 Sold Price: $900,000

Income/Expenses

Gross Income: 78000 Net Operating Income: 58500 Total Expenses: 19236

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 2

3 Bedroom

3 Bedroom # of Units: 2

Heat Fuel

Electric: 1

Parking Features

Shared Driveway: 1 Assigned: 1

Sewer

Public Sewer: 1

Miscellaneous

Basement: 1 Carports: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Sewer: 1 Trash Collection: 1 Water: 1 Electricity: 1

Alternate Uses

Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1200000 Sold Price: $900,000 Property Sub Type: Townhouse Street #: 1532 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: 2022-07-15

Property Features

Addl Acceptance Cond: None Known Parking Features: Shared Driveway; Assigned Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Electric Heating: Forced Air Air Conditioning: Central Air Sewer: Public Sewer Miscellaneous: Basement; Carports; W/D Hookups Alternate Uses: Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: OwnerLand Realty, Inc.
Listing Agent: Francis Beracha
Last Updated: February - 24 - 2025
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