524 Clarendon Avenue, Columbus, OH 43223

$1,350,000
Property Type: Multi-Family Lot Size (sq. ft.): 45,302 Status: Closed
Current Price: $1,350,000 List Date: 3/29/2024 Last Modified: 3/05/2025

Description

Attention Investors! On market for the first time is a 19-unit multi-family located in the Central Hilltop area of Columbus' rapidly growing west side. Divided amongst 5 buildings on this approximately 1 acre site, each unit is a 2 bed/1 bath townhome. Tenants pay all utilities. Currently 12/19 units are rented month-to-month. When rented at full occupancy this property brings in ~$10,000/month gross rent. Curb offers only, do not disturb tenants. Leave offers open until 3pm on 4/5/2024 Listing Agent is related to sellers******

Supplements: ********

More Information MLS# 224008958

Location & Property Info

List Price/SqFt: 162.76 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

Active on MLS: 2024-03-29 For Sale: Yes Exchange: No

General Property Info

# of Buildings: 5 Built Prior to 1978: Yes Total Parking: 30 Building Sqft: 9216 Number of Units: 19 Year Built: 1973 Acreage: 1.04

Tax Info

Tax Abatement: No Taxes (Yrly): 19485 Parcel #: 010-067619 Tax Year: 2023

Remarks & Misc

Property Description: Attention Investors! On market for the first time is a 19-unit multi-family located in the Central Hilltop area of Columbus' rapidly growing west side. Divided amongst 5 buildings on this approximately 1 acre site, each unit is a 2 bed/1 bath townhome. Tenants pay all utilities. Currently 12/19 units are rented month-to-month. When rented at full occupancy this property brings in ~$10,000/month gross rent. Curb offers only, do not disturb tenants. Leave offers open until 3pm on 4/5/2024 Listing Agent is related to sellers******

Status Change Info

Sold Price/SqFt: 146.48 Under Contract Date: 2024-04-04 Sold Date: 2024-05-24 Sold Price: $1,350,000

Income/Expenses

Gross Income: 100000 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 19

Construction

Frame: 1

Heat Fuel

Electric: 1 Gas: 1

Parking Features

Common: 1

Tenant Pays

Gas: 1 Sewer: 1 Water: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

Air Conditioning

None: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1500000 Sold Price: $1,350,000 Property Sub Type: Townhouse Street #: 524 Street Name: Clarendon Street Suffix: Avenue County: Franklin State: OH Zip Code: 43223 Subdiv/Cmplx/Comm: Central Hilltop School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2024-03-27

Property Features

Addl Acceptance Cond: None Known Parking Features: Common Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Electric; Gas Heating: Forced Air Air Conditioning: None Construction: Frame MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Consultants
Listing Agent: Michael Liggett
Last Updated: March - 05 - 2025
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