1898 Baldwin Road, Reynoldsburg, OH 43068

$2,605,000
Property Type: Multi-Family Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $2,605,000 List Date: 9/04/2024 Last Modified: 3/05/2025

Description

PLEASE READ THE LATEST LOAN DETAILS FROM THE MARKETING BROCHURE. Opportunity to own a cash flowing stable investment of this 24 units apartment in Reynoldsburg. The property consists of 6 buildings with a unit mix of one 3 beds 1.5 baths and 23 units of 2 beds 1.5baths. The property went through a stabilized process to have a good management team, good tenants, separate water readings, all rent ready conditions and increased tenant satisfaction with a camera system for common areas, maintained cleanliness and on time landscaping. Assumable Loan at 3.78% interest. Current Property Management willing to stay. Perfect Candidate for 1031 Exchange. 100% Leased. No Showings allowed.

Supplements: ********

More Information MLS# 224010925

Location Property Info

Original List Price: 3000000 Sold Price: $2,605,000 Property Sub Type: Midrise Street #: 1898 Street Name: Baldwin Street Suffix: Road County: Franklin State: OH Zip Code: 43068 Subdiv/Cmplx/Comm: BLACKLICK HGHTS 2 School District: REYNOLDSBURG CSD 2509 FRA CO. Township: Truro

OfficeContract Info

Status: Closed MLS Entry Date: 2024-04-12

General Property Info

Number of Units: 24 Off Street Parking Spaces: 1 Building Sqft: 20800 Year Built: 1967 Built Prior to 1978: Yes Acreage: 0.44 Use Code: 402 - APARTMENT:20-39 UNITS

Tax Info

Parcel #: 060-004514 Tax Year: 2023 Tax Abatement: No Taxes (Yrly): 23556

Status Change Info

Under Contract Date: 2024-10-03 Sold Date: 2025-01-09 Sold Price: $2,605,000 Sold Price/SqFt: 125.24

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Sewer: Public Sewer New Financing: Assumable MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Greater Cols
Listing Agent: Tracy Keffer
Last Updated: March - 05 - 2025
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