3421-3431 Maize Road, 3421, Columbus, OH 43224
$2,300,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
60,984
Status:
Closed
Current Price:
$2,300,000
List Date:
3/31/2025
Last Modified:
4/16/2025
Description
Exclusive Investment Opportunity to acquire a well-maintained, high-potential rental property w/ 24, 2 Bed Townhomes w/ Basements on a single parcel, brick townhomes. Each townhome has a living room, kitchen, full basement, & 2 bedrooms/1.5 bathrooms. Current rents are under market value w/ units in this area are renting for $1,000+. Ample off-street parking is available for tenants & is conveniently located near public transportation. Current rent roll and 2023-2024 P&L reports in the document tab. Add this income-generating asset to your real estate portfolio. Offers long-term stability & growth potential. Please do not disturb the tenants. For all inquiries regarding this property, kindly refer to the A2A comments or LA. Don't miss out, secure this exceptional investment today!
Supplements: ********
More Information MLS# 225009968
Location Property Info
Original List Price: 2400000
Sold Price: $2,300,000
Property Sub Type: Townhouse
Street #: 3421-3431
Street Name: Maize
Street Suffix: Road
Unit/Suite #: 3421
County: Franklin
State: OH
Zip Code: 43224
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2025-03-31
General Property Info
Number of Units: 24
Total Parking: 40
Off Street Parking Spaces: 2
Building Sqft: 23040
Year Built: 1964
Built Prior to 1978: Yes
Occupancy Rate: 100
Lot Size (Side): irr
Acreage: 1.4
Use Code: 402 - APARTMENT:20-39 UNITS
Tax Info
Parcel #: 010-082949
Zoning: R-4
Mult Parcels/Sch Dis: No
Tax Year: 2024
Tax Abatement: No
Taxes (Yrly): 21327
Status Change Info
Under Contract Date: 2025-04-03
Sold Date: 2025-04-16
Sold Price: $2,300,000
Sold Price/SqFt: 99.83
2 Bedroom
2 Bedroom # of Units: 24
2 Bedroom Month Rent Per Unit: 760
Financials
Financials ForYearOf: 2024
Gross Rental Income: 213645
Expenses
R.E. Taxes: 21327
Property Insurance: 11776
Repairs&Maintenance: 29239
Electricity Expense: 1545
Misc Expense: 16594
Water Expense: 10461
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick; Frame
Water Source: Public
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Water Available
Miscellaneous: Basement
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Capital Ptnrs
Listing Agent: Joseph Jackson
Last Updated: April - 16 - 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.
