5480-5490 Kenneylane Boulevard, 5480-5490, Columbus, OH 43235

$1,000,000
Property Type: Multi-Family Lot Size (sq. ft.): 16,117 Status: Closed
Current Price: $1,000,000 List Date: 6/13/2024 Last Modified: 3/07/2025

Overview

Description

Here is a Rare Multifamily Opportunity with 6 townhouses that are fully leased. Each unit is 2 bedrooms with 1.5 bathrooms with W/D hookups. Dublin City Schools and Columbus taxes. Conveniently located near Riverside Dr (33), Bethel Rd and Hayden Road. Just 2 miles south of Dublin's Bridge Park. Plenty of parking in parking lot. Pictures prepray the typical unit at turnover. Curb offers only. Tenant Rights. DO NOT DISTURB TENANTS!

Listing Details MLS# 224019754

Location Property Info

Original List Price
1199000
Property Sub Type
Townhouse
Street #
5480-5490
Street Name
Kenneylane
Street Suffix
Boulevard
Unit/Suite #
5480-5490
County
Franklin
State
OH
Zip Code
43235
School District
DUBLIN CSD 2513 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2024-06-13

General Property Info

Number of Units
6
# of Buildings
Yes
Total Parking
9
Building Sqft
6416
Year Built
1977
Built Prior to 1978
Yes
Occupancy Rate
100
Acreage
0.37
Use Code
401 - APARTMENT:4-19 UNITS

Tax Info

Parcel #
590-173361
Zoning
Commercial
Mult Parcels/Sch Dis
No
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
11173

Status Change Info

Under Contract Date
2024-07-29
Sold Date
2024-09-17
Sold Price/SqFt
155.86

2 Bedroom

2 Bedroom # of Units
6

More Information

Financials

Financials ForYearOf
2024

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
171.45
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus
Dist To Intersxn
0.01

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Here is a Rare Multifamily Opportunity with 6 townhouses that are fully leased. Each unit is 2 bedrooms with 1.5 bathrooms with W/D hookups. Dublin City Schools and Columbus taxes. Conveniently located near Riverside Dr (33), Bethel Rd and Hayden Road. Just 2 miles south of Dublin's Bridge Park. Plenty of parking in parking lot. Pictures prepray the typical unit at turnover. Curb offers only. Tenant Rights. DO NOT DISTURB TENANTS!

Income/Expenses

Gross Income
68664
Net Operating Income
43189.73
Total Expenses
25474.27

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes
Stucco
Yes

Heat Fuel

Electric
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

Miscellaneous

W/D Hookups
Yes

Tenant Pays

Sewer
Yes
Water
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes
Other
Yes

Air Conditioning

Central Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Sewer; Water Heat Fuel: Electric Heating: Forced Air Air Conditioning: Central Air Construction: Brick; Stucco Sewer: Public Sewer Services Available: Electricity Available; Sewer Available; Water Available Miscellaneous: W/D Hookups New Financing: Conventional; Other MLS Primary PhotoSrc: Realtor Provided
Listing Office: Key Realty
Listing Agent: Chad Dailey
Last Updated: March - 07 - 2025
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