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

Overview

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.

Listing Details MLS# 220043862

Location Property Info

Original List Price
1250000
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

MLS Entry Date
2020-12-23

General Property Info

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

Tax Info

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

Status Change Info

Under Contract Date
2021-03-02
Sold Date
2021-03-04
Sold Price/SqFt
209.44

2 Bedroom

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

More Information

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

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

Office/Contract Info

For Sale
Yes
Exchange
Yes

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.

Income/Expenses

Gross Income
95160
Net Operating Income
61256
Total Expenses
33903

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Parking Features

On Street
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Miscellaneous

Basement
Yes
Building Plans
Yes
Carports
Yes
Fireplace
Yes
Security System
Yes
W/D Hookups
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Alternate Uses

Residential
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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