908 N Meadows Court, Columbus, OH 43229

$1,800,000
Property Type: Multi-Family Lot Size (sq. ft.): 73,181 Status: Closed
Current Price: $1,800,000 List Date: 5/21/2019 Last Modified: 2/02/2025

Overview

Description

Portfolio of 40 two bedroom townhouse apartments with basements. Located in North Columbus bear SR 161 and I-71. New roofs in 2019 with many interior improvements. 100% occupied with one unit being used as an office. Upside by renting office unit and bringing rents up to market rates. curb offers only with proof of funds.

Listing Details MLS# 219017483

Location Property Info

Original List Price
2000000
Property Sub Type
Townhouse
Street #
908
Street PreDirection
N
Street Name
Meadows
Street Suffix
Court
County
Franklin
State
OH
Zip Code
43229
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2019-05-21

General Property Info

Number of Units
40
# of Buildings
6
Total Parking
80
Year Built
1963
Built Prior to 1978
Yes
Occupancy Rate
100
Acreage
1.68
Use Code
403 - APARTMENT:40+ UNITS
Assoc/Condo Fee
0

Tax Info

Parcel #
010-134957
Zoning
AR1
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
010-134958 010-132283 010-132359
Tax Year
2018
Tax Abatement
No
Taxes (Yrly)
36888
Tax Incentive
No

Status Change Info

Under Contract Date
2019-08-02
Sold Date
2019-12-31

2 Bedroom

2 Bedroom # of Units
40
2 Bedroom Month Rent Per Unit
625

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus
Dist To Intersxn
0.5

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Portfolio of 40 two bedroom townhouse apartments with basements. Located in North Columbus bear SR 161 and I-71. New roofs in 2019 with many interior improvements. 100% occupied with one unit being used as an office. Upside by renting office unit and bringing rents up to market rates. curb offers only with proof of funds.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Frame
Yes
Brick
Yes

Heat Fuel

Gas
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Miscellaneous

Basement
Yes

Tenant Pays

Gas
Yes
Sewer
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; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick; Frame Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement MLS Primary PhotoSrc: Realtor Provided
Listing Office: Best Corporate Real Estate
Listing Agent: James M Mangas
Last Updated: February - 02 - 2025
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