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
List Price/SqFt: 247.93
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 5445
Number of Units: 5
Year Built: 1904
Acreage: 0.17
Tax Info
Zoning: EFD
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 010-006531-00
Tax Abatement: No
Taxes (Yrly): 2492
Parcel #: 010-014606
Tax Year: 2022
Remarks & Misc
Property 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.
Status Change Info
Sold Price/SqFt: 202.02
Under Contract Date: 2023-09-11
Sold Date: 2023-12-29
Sold Price: $1,100,000
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
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
MLS Primary PhotoSrc
Realtor Provided: 1
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
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Documents
Marketing Package ›
Listing Office:
The Robert Weiler Company
Listing Agent:
Alexander N Marsh
Last Updated: March - 02 - 2025
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