3249-3257 Tremont Road, Upper Arlington, OH 43221

$1,049,000
Property Type: Multi-Family Lot Size (sq. ft.): 18,295 Status: Closed
Current Price: $1,049,000 List Date: 10/14/2021 Last Modified: 2/18/2025

Description

Four Family in Upper Arlington. Rare Opportunity. Full Basement, unfinished. Allows for almost double of the finished area for additional living area and increased rent. New Roof, New Windows, Some new Hot Water Tanks. Tenants reimburse for Water, Trash and Parking Lot Security Lights. Curb Offers Only.

Supplements: ********

More Information MLS# 221030162

Location & Property Info

List Price/SqFt: 224 City (Mailing Addr): Upper Arlington Corp LimitPerAuditor: Upper Arlington Dist To Intersxn: 0.25

Office/Contract Info

For Sale: Yes Exchange: Yes

General Property Info

Built Prior to 1978: Yes Building Sqft: 4683 Use Code: 401 - APARTMENT:4-19 UNITS Number of Units: 4 Year Built: 1958 Acreage: 0.42

Tax Info

Mult Parcels/Sch Dis: No Tax Abatement: No Taxes (Yrly): 14744 Parcel #: 070-009356 Tax Year: 2020

Remarks & Misc

Property Description: Four Family in Upper Arlington. Rare Opportunity. Full Basement, unfinished. Allows for almost double of the finished area for additional living area and increased rent. New Roof, New Windows, Some new Hot Water Tanks. Tenants reimburse for Water, Trash and Parking Lot Security Lights. Curb Offers Only.

Status Change Info

Sold Price/SqFt: 224 Under Contract Date: 2021-10-11 Sold Date: 2021-10-15 Sold Price: $1,049,000

Income/Expenses

Gross Income: 66000 Net Operating Income: 48756.64 Total Expenses: 17243.96

Addl Acceptance Cond

None Known: 1

Financials

Financials ForYearOf: 2021 Gross Rental Income: 66000 Effective Income: 45756

Expenses

R.E. Taxes: 14743.96 Property Insurance: 2500

2 Bedroom

2 Bedroom # of Units: 2 2 Bedroom Month Rent Per Unit: 1200

Construction

Brick: 1

3 Bedroom

3 Bedroom # of Units: 2 3 Bedroom Month Rent Per Unit: 1600

Heat Fuel

Gas: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Miscellaneous

Basement: 1 Carports: 1 Fireplace: 1 Public Transport: 1 W/D Hookups: 1

Tenant Pays

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

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1

Air Conditioning

Central Air: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 1049000 Sold Price: $1,049,000 Property Sub Type: Flat Street #: 3249-3257 Street Name: Tremont Street Suffix: Road County: Franklin State: OH Zip Code: 43221 Subdiv/Cmplx/Comm: Millwood School District: UPPER ARLINGTON CSD 2512 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2021-08-05

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; Carports; Fireplace; Public Transport; W/D Hookups New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: National Investment Realty Inc
Listing Agent: Ray J Massa
Last Updated: February - 18 - 2025
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