740-746 S Front Street, Columbus, OH 43206

$1,182,500
Property Type: Multi-Family Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $1,182,500 List Date: 12/23/2020 Last Modified: 2/11/2025

Description

4 Unit Brick Townhouse Condo Building in the heart of the Brewery District. 100% Leased (746 thru 4/1/21; 740-744 thru 7/1/21). Ave Rents: $1,983/mo/unit ($2,100/$1,850/$1,930/$2,050). Below market rents Ave $1.40/SF. Large units (1,452 SF/1,386 SF/1,386 SF/1,422 SF). Completely renovated & updated--all HVAC, Roof, Elec., Plumb., Drywall, windows, doors, flooring, appliances, lighting, kitchens & baths with custom cabinets, granite; Master Baths have jacuzzi, heated floors, glass showers. Full basements with W/D & dry storage. 10' ceilings up/down. 6-car carport, front porches, rear patios, flueless gas fireplaces. This property is a 10! Ideal for investor or owner occupant & easy exit by selling individually. Located at the SEC of S. Front St & W. Frankfort St across from Grange Park.

Supplements: ********

More Information MLS# 220043862

Location & Property Info

List Price/SqFt: 221.4 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: Yes

General Property Info

Occupancy Rate: 100 Built Prior to 1978: Yes Total Parking: 6 Building Sqft: 5646 Use Code: 550 - CONDOMINIUM RESIDENTIAL UNIT Number of Units: 4 Year Built: 1885 Acreage: 0.16

Tax Info

Zoning: M Addl Parcel Numbers: 010-280597 010-280598 010-280599 Tax Abatement: No Taxes (Yrly): 25851 Tax Incentive: No Parcel #: 010-280596 Tax Year: 2020

Remarks & Misc

Property Description: 4 Unit Brick Townhouse Condo Building in the heart of the Brewery District. 100% Leased (746 thru 4/1/21; 740-744 thru 7/1/21). Ave Rents: $1,983/mo/unit ($2,100/$1,850/$1,930/$2,050). Below market rents Ave $1.40/SF. Large units (1,452 SF/1,386 SF/1,386 SF/1,422 SF). Completely renovated & updated--all HVAC, Roof, Elec., Plumb., Drywall, windows, doors, flooring, appliances, lighting, kitchens & baths with custom cabinets, granite; Master Baths have jacuzzi, heated floors, glass showers. Full basements with W/D & dry storage. 10' ceilings up/down. 6-car carport, front porches, rear patios, flueless gas fireplaces. This property is a 10! Ideal for investor or owner occupant & easy exit by selling individually. Located at the SEC of S. Front St & W. Frankfort St across from Grange Park.

Status Change Info

Sold Price/SqFt: 209.44 Under Contract Date: 2021-03-02 Sold Date: 2021-03-04 Sold Price: $1,182,500

Income/Expenses

Gross Income: 95160 Net Operating Income: 61256 Total Expenses: 33903

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 4 2 Bedroom Month Rent Per Unit: 1983

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

On Street: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Miscellaneous

Basement: 1 Building Plans: 1 Carports: 1 Fireplace: 1 Security System: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Electricity: 1

Alternate Uses

Residential: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1

Air Conditioning

Central Air: 1

Owner Pays

Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Location Property Info

Original List Price: 1250000 Sold Price: $1,182,500 Property Sub Type: Townhouse Street #: 740-746 Street PreDirection: S Street Name: Front Street Suffix: Street County: Franklin State: OH Zip Code: 43206 Subdiv/Cmplx/Comm: Brewery District/Euro Condominium/German Village School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2020-12-23

Property Features

Addl Acceptance Cond: None Known Parking Features: On Street Owner Pays: Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; Building Plans; Carports; Fireplace; Security System; W/D Hookups Alternate Uses: Residential New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Douglas T Tenenbaum
Last Updated: February - 11 - 2025
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