3298 E 5th Avenue, 3294 3294, Columbus, OH 43219
$1,300,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
34,412
Status:
Closed
Current Price:
$1,300,000
List Date:
1/21/2025
Last Modified:
3/28/2025
Description
Prime Investment Opportunity: 12-Unit Multifamily Property - Fully Turnkey, High Potential! A rare and exceptional opportunity to acquire a fully renovated, 12-unit multifamily property in a desirable location. This property features all 3-bedroom units, offering spacious layouts that are ideal for attracting long-term tenants. With only one unit currently occupied, this is your chance to place your own tenants, select your own management, and maximize the property's potential. Recent roof upgrades provide peace of mind and added durability for years to come. This is an ideal opportunity for savvy investors looking for a well-maintained, low-maintenance asset with immediate rental potential and high long-term returns.
Supplements: ********
More Information MLS# 225001850
Location & Property Info
List Price/SqFt: 285.57
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: No
Building Sqft: 4724
Number of Units: 12
Year Built: 1969
Acreage: 0.79
Tax Info
Tax Abatement: No
Taxes (Yrly): 17756
Parcel #: 010-070201
Tax Year: 2024
Remarks & Misc
Property Description: Prime Investment Opportunity: 12-Unit Multifamily Property - Fully Turnkey, High Potential! A rare and exceptional opportunity to acquire a fully renovated, 12-unit multifamily property in a desirable location. This property features all 3-bedroom units, offering spacious layouts that are ideal for attracting long-term tenants. With only one unit currently occupied, this is your chance to place your own tenants, select your own management, and maximize the property's potential. Recent roof upgrades provide peace of mind and added durability for years to come. This is an ideal opportunity for savvy investors looking for a well-maintained, low-maintenance asset with immediate rental potential and high long-term returns.
Status Change Info
Sold Price/SqFt: 275.19
Under Contract Date: 2025-03-19
Sold Date: 2025-03-28
Sold Price: $1,300,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
3 Bedroom
3 Bedroom # of Units: 12
Heat Fuel
Gas: 1
Parking Features
On Street: 1
Common: 1
Sewer
Public Sewer: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1375050
Sold Price: $1,300,000
Property Sub Type: Townhouse
Street #: 3298
Street PreDirection: E
Street Name: 5th
Street Suffix: Avenue
Unit/Suite #: 3294
County: Franklin
State: OH
Zip Code: 43219
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-01-21
Property Features
Addl Acceptance Cond: None Known
Parking Features: On Street; Common
Heat Fuel: Gas
Heating: Forced Air
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Abigail E Swihart Valentine
Last Updated: March - 28 - 2025
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