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
Overview
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.
Listing Details MLS# 214029050
Location Property Info
- Original List Price
- 1080000
- 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
- MLS Entry Date
- 2014-06-24
General Property Info
- Number of Units
- 36
- # of Buildings
- 7
- Total Parking
- 2
- Building Sqft
- 7290
- Year Built
- 1963
- Built Prior to 1978
- Yes
- Occupancy Rate
- 75
- Acreage
- 0.54
Tax Info
- Parcel #
- 010-134961
- Mult Parcels/Sch Dis
- Yes
- Addl Parcel Numbers
- 010-134962 010-134963
- Tax Year
- 2013
- Taxes (Yrly)
- 22409
Status Change Info
- Under Contract Date
- 2014-07-16
- Sold Date
- 2014-09-24
- Sold Price/SqFt
- 139.71
2 Bedroom
- 2 Bedroom # of Units
- 36
More Information
Location & Property Info
- List Price/SqFt
- 148.15
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
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.
Income/Expenses
- Gross Income
- 213681
- Net Operating Income
- 180600
- Total Expenses
- 33081
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Miscellaneous
- Basement
- Yes
- W/D Hookups
- Yes
Tenant Pays
- Gas
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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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