3298 E 5th Avenue, 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

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

General Property Info

Number of Units: 12 Building Sqft: 4724 Year Built: 1969 Built Prior to 1978: No Acreage: 0.79

Tax Info

Parcel #: 010-070201 Tax Year: 2024 Tax Abatement: No Taxes (Yrly): 17756

Status Change Info

Under Contract Date: 2025-03-19 Sold Date: 2025-03-28 Sold Price: $1,300,000 Sold Price/SqFt: 275.19

3 Bedroom

3 Bedroom # of Units: 12

Auction Info

Auction/Online Bidding Y/N: No

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 Swihart Valentine
Last Updated: March - 28 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.