1580 E Mound Street, Columbus, OH 43205
$1,430,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$1,430,000
List Date:
1/06/2024
Last Modified:
3/04/2025
Description
All brick 12 unit apartment building located in an appreciating neighborhood within close proximity to Downtown Columbus. All of the units feature a 2 bedroom and 1 full bath layout fully renovated in 2021 with butcher block counters, and high end finishes. Each unit has its own hot water tank, furnace and AC, with off street parking. Building 100% tax abated as of 2024 for 15 years. Curb offers only, please do not disturb residents.
Supplements: ********
More Information MLS# 224000530
Location & Property Info
List Price/SqFt: 137.06
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Built Prior to 1978: Yes
Building Sqft: 10944
Number of Units: 12
Year Built: 1963
Acreage: 0.12
Tax Info
Tax Abatement: Yes
Abatement End Date: 2039-02-07
Taxes (Yrly): 5681.68
Parcel #: 010-029273
Tax Year: 2022
Remarks & Misc
Property Description: All brick 12 unit apartment building located in an appreciating neighborhood within close proximity to Downtown Columbus. All of the units feature a 2 bedroom and 1 full bath layout fully renovated in 2021 with butcher block counters, and high end finishes. Each unit has its own hot water tank, furnace and AC, with off street parking. Building 100% tax abated as of 2024 for 15 years. Curb offers only, please do not disturb residents.
Status Change Info
Sold Price/SqFt: 130.67
Under Contract Date: 2024-05-13
Sold Date: 2024-05-23
Sold Price: $1,430,000
Income/Expenses
Gross Income: 76778.06
Net Operating Income: 51722.35
Total Expenses: 25055.71
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 12
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
Common: 1
Sewer
Public Sewer: 1
Private Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Tenant Pays
Gas: 1
Electricity: 1
Alternate Uses
Residential: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Conventional: 1
Air Conditioning
Other: 1
Owner Pays
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1500000
Sold Price: $1,430,000
Property Sub Type: Midrise
Street #: 1580
Street PreDirection: E
Street Name: Mound
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43205
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2024-01-06
Property Features
Addl Acceptance Cond: None Known
Parking Features: Common
Owner Pays: Sewer; Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Other
Construction: Brick
Sewer: Public Sewer; Private Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Alternate Uses: Residential
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Red 1 Realty
Listing Agent: Jeffrey Sheu
Last Updated: March - 04 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.
