$965,000
$950,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
0.26 Acres Lot
SOLD DATE : 09/15/2025
Key Details
Sold Price $965,000
Property Type Multi-Family
Sub Type Midrise
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 225027913
Sold Date 09/15/25
Year Built 1963
Annual Tax Amount $5,796
Lot Size 0.260 Acres
Lot Dimensions 0.26
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot.
In-place gross rents: $8,563 for the apartments and $500 for the garage.
4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.
Location
State OH
County Franklin
Area 0.26
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-047364
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