831 Crofton Place, Reynoldsburg, OH 43068
$1,050,000
Property Type:
Multi-Family
Status:
Closed
Current Price:
$1,050,000
List Date:
6/13/2018
Last Modified:
1/27/2025
Description
Well Maintained Two Bedroom, 1.5 Bath Two Story Condos Located in the desirable Crofton Place/Circle Subdivision In Reynoldsburg! 13 units total. Phenomenal investment opportunity with high returns. An investor with a value add mentality can increase rents significantly as rents are well below market.
Very in demand area with Amazon, Mt Carmel East and MANY major employers nearby-- whenever a vacancy occurs there are tons of applications sent in, so finding quality tenants is easy. Easy to manage units.
This is also in Reynoldsburg School District!
Asking is $1,130,000.
Supplements: ********
More Information MLS# 218021168
Location & Property Info
City (Mailing Addr): Reynoldsburg
Corp LimitPerAuditor: Reynoldsburg
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: No
Number of Units: 13
Year Built: 1987
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 060-007022-00
060-007023-00
060-007024-00
060-007025-00
060-007026-00
060-007027-00
060-007040-00
060-007041-00
060-007046-00
060-007056-00
060-007057-00
060-007060-00
060-007061-00
Tax Abatement: No
Parcel #: 060-007027-00
Remarks & Misc
Property Description: Well Maintained Two Bedroom, 1.5 Bath Two Story Condos Located in the desirable Crofton Place/Circle Subdivision In Reynoldsburg! 13 units total. Phenomenal investment opportunity with high returns. An investor with a value add mentality can increase rents significantly as rents are well below market.
Very in demand area with Amazon, Mt Carmel East and MANY major employers nearby-- whenever a vacancy occurs there are tons of applications sent in, so finding quality tenants is easy. Easy to manage units.
This is also in Reynoldsburg School District!
Asking is $1,130,000.
Income/Expenses
Gross Income: 131520
Net Operating Income: 91229
Total Expenses: 40000
Addl Acceptance Cond
None Known: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1130000
Sold Price: $1,050,000
Property Sub Type: Townhouse
Street #: 831
Street Name: Crofton Place
County: Franklin
State: OH
Zip Code: 43068
Subdiv/Cmplx/Comm: Crofton Place
School District: REYNOLDSBURG CSD 2509 FRA CO.
Township: Franklin
OfficeContract Info
Status: Closed
MLS Entry Date: 2018-06-13
Status Change Info
Under Contract Date: 2018-06-27
Sold Date: 2018-08-20
Sold Price: $1,050,000
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
e-Merge Real Estate Unlimited
Listing Agent:
Ajay B Pandya
Last Updated: January - 27 - 2025
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