5457 Wellington Woods Boulevard, Columbus, OH 43213
$2,200,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
436
Status:
Closed
Current Price:
$2,200,000
List Date:
11/22/2019
Last Modified:
2/05/2025
Description
34 apartment homes and 12 detached 1 car garages. (8) One bedrooms one bathroom. (1) 2 bedroom 2 bathroom. (25) 2 bedroom 1 bathroom. (5) units have been completely renovated in the last year. All units are in excellent condition. Tenants have access to pool, clubhouse, and fitness center. Condo association takes care of snow removal, paving, roof, siding, and more. Gross Potential rent is greater than $300,000 per year. Value add opportunity. NOI over $160,000. 6.8% Cap Rate. Combined condo fees annually $60,624. See MLS attachments for details.
Supplements: ********
More Information MLS# 219043618
Location Property Info
Original List Price: 2349900
Sold Price: $2,200,000
Property Sub Type: Mixed Use
Street #: 5457
Street Name: Wellington Woods
Street Suffix: Boulevard
County: Franklin
State: OH
Zip Code: 43213
Subdiv/Cmplx/Comm: Wellington Woods Apartments
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2019-11-22
General Property Info
Number of Units: 34
# of Buildings: 46
Building Sqft: 916
Year Built: 1998
Built Prior to 1978: No
Occupancy Rate: 98
Acreage: 0.01
Use Code: 403 - APARTMENT:40+ UNITS
Tax Info
Parcel #: 010-244193
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 010-244193-00;010-244196-00;010-244236-00;010-244237-00;010-244292-00;010-244293-00;010-244516-00;010-244350-00;010-244351-00;010-244352-00;010-244353-00;010-244354-00;010-244355-00;010-244356-00;010-244357-00;010-244518-00;010-244519-00;010-244520-00;010-244521-00;010-244522-00;010-244523-00;010-244524-00;010-244424-00;010-244425-00;010-244428-00;
Tax Year: 2020
Tax Abatement: No
Taxes (Yrly): 33073.5
Status Change Info
Under Contract Date: 2021-01-19
Sold Date: 2021-01-21
Sold Price: $2,200,000
Sold Price/SqFt: 2401.75
1 Bedroom
1 Bedroom # of Units: 8
1 Bedroom Month Rent Per Unit: 725
2 Bedroom
2 Bedroom # of Units: 26
2 Bedroom Month Rent Per Unit: 815
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
Parking Features: 1 Car Garage; Detached Garage; Common
Tenant Pays: Electricity; Water
Heat Fuel: Electric
Heating: Forced Air; Heat Pump
Air Conditioning: Central Air
Construction: Brick
Services Available: Electricity Available; Sewer Available; Water Available
Miscellaneous: Clubhouse; Garages; Public Transport; Swimming Pool; W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office: RE/MAX Connection
Listing Agent: DeLena Ciamacco
Last Updated: February - 05 - 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 2020 Columbus Board of Realtors. All rights reserved.
