869-893 N Meadows Court, Columbus, OH 43229
$1,018,500
Property Type:
Multi-Family
Lot Size (sq. ft.):
23,522
Status:
Closed
Current Price:
$1,018,500
List Date:
6/25/2014
Last Modified:
1/07/2025
Description
36 units on three parcels available for sale, at $30k per unit. Great investment opportunity. A majority of the units have already been renovated, the roof was replaced 2010, windows were replaced in 2003, and all mechanicals are updated & modern. The property is truly ready for someone to come in and maximize profits. Every unit is 2 bedrooms with one full bath and a basement. 7 buildings in total, with 4 buildings having 6 units and 3 buildings have 4 units. Average rent is around $600/month per unit.
Supplements: ********
More Information MLS# 214029050
Location & Property Info
List Price/SqFt: 148.15
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 7
Occupancy Rate: 75
Built Prior to 1978: Yes
Total Parking: 2
Building Sqft: 7290
Number of Units: 36
Year Built: 1963
Acreage: 0.54
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 010-134962
010-134963
Taxes (Yrly): 22409
Parcel #: 010-134961
Tax Year: 2013
Remarks & Misc
Property Description: 36 units on three parcels available for sale, at $30k per unit. Great investment opportunity. A majority of the units have already been renovated, the roof was replaced 2010, windows were replaced in 2003, and all mechanicals are updated & modern. The property is truly ready for someone to come in and maximize profits. Every unit is 2 bedrooms with one full bath and a basement. 7 buildings in total, with 4 buildings having 6 units and 3 buildings have 4 units. Average rent is around $600/month per unit.
Status Change Info
Sold Price/SqFt: 139.71
Under Contract Date: 2014-07-16
Sold Date: 2014-09-24
Sold Price: $1,018,500
Income/Expenses
Gross Income: 213681
Net Operating Income: 180600
Total Expenses: 33081
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 36
Construction
Brick: 1
Heat Fuel
Gas: 1
Miscellaneous
Basement: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1080000
Sold Price: $1,018,500
Property Sub Type: Townhouse
Street #: 869-893
Street PreDirection: N
Street Name: Meadows
Street Suffix: Court
County: Franklin
State: OH
Zip Code: 43229
Subdiv/Cmplx/Comm: North Meadows Apartments
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2014-06-24
Property Features
Addl Acceptance Cond: None Known
Tenant Pays: Electricity; Gas; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Brick
Miscellaneous: Basement; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Core Ohio, Inc.
Listing Agent:
Matthew D Cochrell
Last Updated: January - 07 - 2025
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