8305 Lariat Court, Powell, OH 43065

$950,000
Property Type: Multi-Family Lot Size (sq. ft.): 19,602 Status: Closed
Current Price: $950,000 List Date: 10/26/2022 Last Modified: 2/26/2025

Description

Offered today is a package of 6 well cared for and fully occupied rental units in the Powell / Smokey row area of Columbus Ohio. These townhomes have full basements, off street parking, fenced concrete patios, and central air. Tenants pay all utilities including water. All utilities are individually metered. The current owner has been paying professional contractors top dollar to maintain and update the property. An experienced landlord has the opportunity to drastically improve cash flow with better managed maintenance costs and by raising the rents to market levels.

Supplements: ********

More Information MLS# 222039957

Location Property Info

Original List Price: 1300000 Sold Price: $950,000 Property Sub Type: Townhouse Street #: 8305 Street Name: Lariat Street Suffix: Court County: Franklin State: OH Zip Code: 43065 School District: WORTHINGTON CSD 2516 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2022-10-26

General Property Info

Number of Units: 6 # of Buildings: 1 Building Sqft: 7200 Year Built: 1984 Built Prior to 1978: No Occupancy Rate: 100 Acreage: 0.45 Use Code: 551 - OTHER RESIDENTIAL

Tax Info

Parcel #: 610-186963 Mult Parcels/Sch Dis: Yes Addl Parcel Numbers: 610-186964-00 610-186965-00 610-186966-00 610-186967-00 610-186968-00 Tax Year: 2021 Tax Abatement: No Taxes (Yrly): 1884

Status Change Info

Under Contract Date: 2022-12-30 Sold Date: 2023-01-12 Sold Price: $950,000 Sold Price/SqFt: 131.94

2 Bedroom

2 Bedroom # of Units: 4

3 Bedroom

3 Bedroom # of Units: 2

Financials

Financials ForYearOf: 2021

Expenses

R.E. Taxes: 10734

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Water Heating: Forced Air Air Conditioning: Central Air Construction: Frame Sewer: Public Sewer Miscellaneous: Basement MLS Primary PhotoSrc: Realtor Provided
Listing Office: B.O.S.S. Realty Group
Listing Agent: Matthew Chess
Last Updated: February - 26 - 2025
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