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

Overview

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.

Listing Details MLS# 225001850

Location Property Info

Original List Price
1375050
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

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/SqFt
275.19

3 Bedroom

3 Bedroom # of Units
12

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
285.57
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Heat Fuel

Gas
Yes

Parking Features

On Street
Yes
Common
Yes

Sewer

Public Sewer
Yes

Heating

Forced Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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