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

Overview

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.

Listing Details MLS# 218021168

Location Property Info

Original List Price
1130000
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

MLS Entry Date
2018-06-13

General Property Info

Number of Units
13
Year Built
1987
Built Prior to 1978
No

Tax Info

Parcel #
060-007027-00
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

Status Change Info

Under Contract Date
2018-06-27
Sold Date
2018-08-20

Auction Info

Auction/Online Bidding Y/N
No

More Information

Location & Property Info

City (Mailing Addr)
Reynoldsburg
Corp LimitPerAuditor
Reynoldsburg

Office/Contract Info

For Sale
Yes
Exchange
No

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
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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