3883 Linda Road, Hilliard, OH 43026

$1,800,000
Property Type: Multi-Family Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $1,800,000 List Date: 8/24/2018 Last Modified: 1/28/2025

Overview

Description

This 24 unit site is comprised of 5 buildings consisting of 16 2bds & 8 1bds. Units are well located and cared for. Each building has a common basement with coin op laundry system. Approx. 40 parking spots are available to the tenants. Tenants pay all unit utilities. Current rent roll is $16,988 a month and increasing with each lease secured. Buyers must submit proof of funds / lender letter prior to viewing the property. The current rent roll will be increased to 17,265 on Oct 1.

Listing Details MLS# 218031687

Location Property Info

Original List Price
1825000
Property Sub Type
Midrise
Street #
3883
Street Name
Linda
Street Suffix
Road
County
Franklin
State
OH
Zip Code
43026
School District
HILLIARD CSD 2510 FRA CO.
Township
Norwich

OfficeContract Info

MLS Entry Date
2018-08-21

General Property Info

Number of Units
24
Building Sqft
5400
Year Built
1968
Built Prior to 1978
Yes
Acreage
0.26

Tax Info

Parcel #
050-002159
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
050-002160-00 050-002162-00 050-000248-00 050-000440-00
Tax Year
2017
Tax Abatement
No
Taxes (Yrly)
25091
Tax Incentive
No

Status Change Info

Under Contract Date
2018-09-04
Sold Date
2018-10-17
Sold Price/SqFt
333.33

1 Bedroom

1 Bedroom # of Units
8

More Information

2 Bedroom

2 Bedroom # of Units
16

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
337.96
City (Mailing Addr)
Hilliard
Corp LimitPerAuditor
Hilliard

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
This 24 unit site is comprised of 5 buildings consisting of 16 2bds & 8 1bds. Units are well located and cared for. Each building has a common basement with coin op laundry system. Approx. 40 parking spots are available to the tenants. Tenants pay all unit utilities. Current rent roll is $16,988 a month and increasing with each lease secured. Buyers must submit proof of funds / lender letter prior to viewing the property. The current rent roll will be increased to 17,265 on Oct 1.

Income/Expenses

Gross Income
203856
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Aluminum
Yes
Brick
Yes

Heat Fuel

Gas
Yes

Tenant Pays

Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes
Electricity
Yes

Heating

Forced Air
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Aluminum; Brick MLS Primary PhotoSrc: Realtor Provided
Listing Office: Peak Property Group Realty
Listing Agent: Sean M Ash
Last Updated: January - 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 2026 Columbus Board of Realtors. All rights reserved.