3742 Cleveland Avenue, Columbus, OH 43224
$985,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$985,000
List Date:
8/10/2018
Last Modified:
1/28/2025
Description
A well maintained and updated apartment complex with nice upside available for a new owner. All ranch style brick buildings
with separate entrances and basements. Tenants pay all utilities. 8.6% Cap. Rate trend for 2018 via new water bill back program. Around $18,000 annual upside for new owner once units are brought to market rents. Property management in place.
Supplements: ********
More Information MLS# 218027344
Location Property Info
Original List Price: 1150000
Sold Price: $985,000
Property Sub Type: Flat
Street #: 3742
Street Name: Cleveland
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43224
School District: COLUMBUS CSD 2503 FRA CO.
Township: Clinton
OfficeContract Info
Status: Closed
MLS Entry Date: 2018-07-23
General Property Info
Number of Units: 29
Year Built: 1958
Built Prior to 1978: Yes
Tax Info
Parcel #: 130-006701-00
Addl Parcel Numbers: 130-005057-00
130-001368-00
130-006702-00
130-006941-00
130-006701-00
Tax Abatement: No
Taxes (Yrly): 25211.36
Status Change Info
Under Contract Date: 2018-08-25
Sold Date: 2018-12-14
Sold Price: $985,000
1 Bedroom
1 Bedroom # of Units: 29
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Documents
Sale Package ›Listing Office: SVN Wilson Commercial
Listing Agent: Michael Rodriguez
Last Updated: January - 28 - 2025
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