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
Overview
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!
Listing Details MLS# 225009968
Location Property Info
- Original List Price
- 2400000
- 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
- MLS Entry Date
- 2025-03-31
General Property Info
- Number of Units
- 24
- Total Parking
- 40
- 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/SqFt
- 99.83
2 Bedroom
- 2 Bedroom # of Units
- 24
- 2 Bedroom Month Rent Per Unit
- 760
More Information
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
Location & Property Info
- List Price/SqFt
- 104.17
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
- Dist To Intersxn
- 1
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property 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!
Income/Expenses
- Gross Income
- 213645
- Net Operating Income
- 122700
- Total Expenses
- 90945
Addl Acceptance Cond
- None Known
- Yes
Construction
- Frame
- Yes
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Water Source
- Public
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
Tenant Pays
- Gas
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 C Jackson
Last Updated: April - 16 - 2025
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