272-284 Broad Meadows Boulevard, Columbus, OH 43214

$1,200,000
Property Type: Multi-Family Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $1,200,000 List Date: 11/17/2020 Last Modified: 2/11/2025

Description

16 units within four brick buildings. Abutting parcels. Each parcel contains two 4-unit buildings. Units are all two bedroom / one bathroom. 11 of the 16 units have been renovated over the last two years. Many additional updates to common areas and exterior. 16 marked parking spaces. One unit has been left unrented for showings, which will be held during limited hours only. Please contact CSS for showing hours and to request access.Listing agent will be on-site for showings. Please do not enter the property / grounds without an appointment. Listing agent is a part owner of the property listed for sale. SELLER HAS ASKED FOR ''FINAL AND BEST'' OFFERS BE SUBMITTED BY MONDAY 11/30/2020 AT 6:00PM AND BE LEFT OPEN UNTIL WEDNESDAY 12/2/2020 AT 6:00PM.

Supplements: ********

More Information MLS# 220040575

Location Property Info

Original List Price: 1395000 Sold Price: $1,200,000 Property Sub Type: Flat Street #: 272-284 Street Name: Broad Meadows Street Suffix: Boulevard County: Franklin State: OH Zip Code: 43214 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2020-11-17

General Property Info

Number of Units: 16 # of Buildings: 4 Total Parking: 16 Building Sqft: 13176 Year Built: 1959 Built Prior to 1978: Yes Lot Size (Side): 152 Acreage: 0.52 Use Code: 401 - APARTMENT:4-19 UNITS

Tax Info

Parcel #: 010-117194 Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: sale includes parcels:010-117194-00 and 010-117193-00 Assessment: None Known Tax Year: 2019 Tax Abatement: No Taxes (Yrly): 25943 Tax Incentive: No

Status Change Info

Under Contract Date: 2021-02-05 Sold Date: 2021-02-22 Sold Price: $1,200,000 Sold Price/SqFt: 91.07

2 Bedroom

2 Bedroom # of Units: 16 2 Bedroom Month Rent Per Unit: 764

Financials

Financials ForYearOf: 2020 Gross Rental Income: 146640 Effective Income: 146200 Other Income: 10200

Expenses

R.E. Taxes: 25943 Property Insurance: 1680 Repairs&Maintenance: 25980 Electricity Expense: 602 Accounting & Legal: 1325 Misc Expense: 5002 Property Management: 5760 Gas Expense: 1022 Water Expense: 7856 Leasing Comm Expense: 2030

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: Y

Property Features

Addl Acceptance Cond: None Known Owner Pays: Trash Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Miscellaneous: Basement; W/D Hookups MLS Primary PhotoSrc: Realtor Provided
Listing Office: Street Sotheby's International
Listing Agent: David Powers
Last Updated: February - 11 - 2025
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