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
Overview
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.
Listing Details MLS# 223025180
Location Property Info
- Original List Price
- 1350000
- 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
- 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/SqFt
- 202.02
Efficiency
- Efficiency # of Units
- 5
More Information
2 Bedroom
- 2 Bedroom # of Units
- 4
3 Bedroom
- 3 Bedroom # of Units
- Yes
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 247.93
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
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.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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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