730-748 N Nelson Road, Columbus, OH 43219
$1,060,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
45,738
Status:
Closed
Current Price:
$1,060,000
List Date:
10/25/2019
Last Modified:
2/05/2025
Overview
Description
A great opportunity to own a solid unit mix near downtown Columbus. This experienced owner-operator has completely renovated this property into a turn-key asset. It's ready for a new investor to enter the rapidly growing Columbus market or for a seasoned owner to add units to their portfolio and begin collecting rent immediately. While recently renovated, there is still a significant amount of investment upside available for value add investors.
Renovations in past 2 years include:
-All roofs (2018 & 2019)
- All furnaces
- All windows
- All interiors (flooring, cabinets, doors, shower surrounds)
- Most appliances (Oven, Refrigerator)
- 8 air-conditioner units
- Exterior landscaping
- Exterior fencing around the property
Listing Details MLS# 219040462
Location Property Info
- Original List Price
- 1125000
- Property Sub Type
- Flat
- Street #
- 730-748
- Street PreDirection
- N
- Street Name
- Nelson
- Street Suffix
- Road
- County
- Franklin
- State
- OH
- Zip Code
- 43219
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2019-10-25
General Property Info
- Number of Units
- 16
- Year Built
- 1958
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Acreage
- 1.05
Tax Info
- Parcel #
- 010-034097
- Tax Year
- 2019
- Tax Abatement
- No
- Taxes (Yrly)
- 923
Status Change Info
- Under Contract Date
- 2019-11-23
- Sold Date
- 2020-01-06
2 Bedroom
- 2 Bedroom # of Units
- 8
More Information
3 Bedroom
- 3 Bedroom # of Units
- 8
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- A great opportunity to own a solid unit mix near downtown Columbus. This experienced owner-operator has completely renovated this property into a turn-key asset. It's ready for a new investor to enter the rapidly growing Columbus market or for a seasoned owner to add units to their portfolio and begin collecting rent immediately. While recently renovated, there is still a significant amount of investment upside available for value add investors. Renovations in past 2 years include: -All roofs (2018 & 2019) - All furnaces - All windows - All interiors (flooring, cabinets, doors, shower surrounds) - Most appliances (Oven, Refrigerator) - 8 air-conditioner units - Exterior landscaping - Exterior fencing around the property
Income/Expenses
- Gross Income
- 142644
- Net Operating Income
- 101286
- Total Expenses
- 41358
Addl Acceptance Cond
- None Known
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
SVN Wilson Commercial
Listing Agent:
Kareem Amr
Last Updated: February - 05 - 2025
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