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
Overview
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.
Listing Details MLS# 224000530
Location Property Info
- Original List Price
- 1500000
- 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
- MLS Entry Date
- 2024-01-06
General Property Info
- Number of Units
- 12
- # of Buildings
- Yes
- Building Sqft
- 10944
- Year Built
- 1963
- Built Prior to 1978
- Yes
- Acreage
- 0.12
Tax Info
- Parcel #
- 010-029273
- Tax Year
- 2022
- Tax Abatement
- Yes
- Abatement End Date
- 2039-02-07
- Taxes (Yrly)
- 5681.68
Status Change Info
- Under Contract Date
- 2024-05-13
- Sold Date
- 2024-05-23
- Sold Price/SqFt
- 130.67
2 Bedroom
- 2 Bedroom # of Units
- 12
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 137.06
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
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.
Income/Expenses
- Gross Income
- 76778.06
- Net Operating Income
- 51722.35
- Total Expenses
- 25055.71
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- Common
- Yes
Sewer
- Public Sewer
- Yes
- Private Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Alternate Uses
- Residential
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Other
- Yes
Owner Pays
- Sewer
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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
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