5973 Shadow Lake Circle, Columbus, OH 43235

$1,160,000
Property Type: Multi-Family Status: Closed
Current Price: $1,160,000 List Date: 1/26/2015 Last Modified: 1/07/2025

Overview

Description

Attention Investors!!! 14 units. Exceptional Value, Beautiful two story condominiums located in the desirable Shadow Lakes Community in the heart of the Northwest area. These units features a nice private patio & offers an appealing pond view with fountain and weeping willow trees. Finished lower level rec room with newer carpeting, vaulted master bedroom, large master bath with his/her sinks, wood burning fireplace in living room, open floor plan on the first floor and lots of windows. Condo fee includes water/sewer/trash ($206 per unit / month). Pet free complex per by-laws. Sale includes 14 assigned carports. Units can be sold individually or packaged together. Easy to own and easy to manage. Onsite management available as well. See A2A remarks.

Listing Details MLS# 214011919

Location Property Info

Original List Price
1232000
Property Sub Type
Townhouse
Street #
5973
Street Name
Shadow Lake
Street Suffix
Circle
County
Franklin
State
OH
Zip Code
43235
Subdiv/Cmplx/Comm
Shadow Lakes
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2014-02-20

General Property Info

Number of Units
14
Total Parking
14
Building Sqft
15680
Year Built
1985
Built Prior to 1978
No
Occupancy Rate
100
Assoc/Condo Fee
206

Tax Info

Parcel #
010-203208
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
010-203208, 010-204593, 010-204595, 010-204596, 010-204597, 010-204608, 010-204609, 010-204610, 010-204611, 010-204612, 010-204614, 010-204616, 010-204617
Tax Year
2012
Taxes (Yrly)
21840

Status Change Info

Under Contract Date
2015-02-19
Sold Date
2015-02-27
Sold Price/SqFt
73.98

2 Bedroom

2 Bedroom # of Units
14
2 Bedroom Month Rent Per Unit
889

More Information

Financials

Financials ForYearOf
2013
Gross Rental Income
149328

Expenses

R.E. Taxes
21840

Location & Property Info

List Price/SqFt
78.57
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Attention Investors!!! 14 units. Exceptional Value, Beautiful two story condominiums located in the desirable Shadow Lakes Community in the heart of the Northwest area. These units features a nice private patio & offers an appealing pond view with fountain and weeping willow trees. Finished lower level rec room with newer carpeting, vaulted master bedroom, large master bath with his/her sinks, wood burning fireplace in living room, open floor plan on the first floor and lots of windows. Condo fee includes water/sewer/trash ($206 per unit / month). Pet free complex per by-laws. Sale includes 14 assigned carports. Units can be sold individually or packaged together. Easy to own and easy to manage. Onsite management available as well. See A2A remarks.

Income/Expenses

Gross Income
149328
Net Operating Income
83920
Total Expenses
65407

Addl Acceptance Cond

None Known
Yes

Heat Fuel

Electric
Yes

Parking Features

On Street
Yes

Miscellaneous

Basement
Yes
Carports
Yes
Fireplace
Yes
Swimming Pool
Yes
W/D Hookups
Yes

Tenant Pays

Electricity
Yes

New Financing

Conventional
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity Heat Fuel: Electric Air Conditioning: Central Air Miscellaneous: Basement; Carports; Fireplace; Swimming Pool; W/D Hookups New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Consultants
Listing Agent: Fadi H Suleiman
Last Updated: January - 07 - 2025
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