536-542 W Town Street, Columbus, OH 43215

$1,100,000
Property Type: Multi-Family Lot Size (sq. ft.): 7,405 Status: Closed
Current Price: $1,100,000 List Date: 8/07/2023 Last Modified: 3/02/2025

Description

RARE INVESTMENT OPPORTUNITY IN EAST FRANKLINTON SUBMARKET! Rare opportunity to acquire (4) - 2 bed, 1 bath townhome units and a 3 bed, 1.5 bath single family housing (total 5 residential units) in the rapidly developing East Franklinton submarket. Located in both a CRA and tax abated area, this property offers tremendous upside through increasing rents to market and developing or adding on to the existing structures as the lots are oversized. Brick structures with tremendous upside. Zoned EFD - East Franklinton District.

Supplements: ********

More Information MLS# 223025180

Location Property Info

Original List Price: 1350000 Sold Price: $1,100,000 Property Sub Type: Mixed Use Street #: 536-542 Street PreDirection: W Street Name: Town Street Suffix: Street County: Franklin State: OH Zip Code: 43215 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2023-08-07

General Property Info

Number of Units: 5 Building Sqft: 5445 Year Built: 1904 Built Prior to 1978: Yes Acreage: 0.17

Tax Info

Parcel #: 010-014606 Zoning: EFD Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 010-006531-00 Tax Year: 2022 Tax Abatement: No Taxes (Yrly): 2492

Status Change Info

Under Contract Date: 2023-09-11 Sold Date: 2023-12-29 Sold Price: $1,100,000 Sold Price/SqFt: 202.02

Efficiency

Efficiency # of Units: 5

2 Bedroom

2 Bedroom # of Units: 4

3 Bedroom

3 Bedroom # of Units: 1

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Alexander Marsh
Last Updated: March - 02 - 2025
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