$385,000
$425,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 10/11/2022
Key Details
Sold Price $385,000
Property Type Vacant Land
Sub Type Multi-Family Land
Listing Status Sold
Purchase Type For Sale
Subdivision Olde Town East
MLS Listing ID 222019976
Sold Date 10/11/22
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1900
Annual Tax Amount $6,289
Lot Size 10,454 Sqft
Lot Dimensions 0.24
Property Description
Attention Developers! This is a rare value-added investment opportunity to take the ball and run with it. Seller has already applied for and received approval from the City of Columbus and the Near East Side Plan, combining the two lots and approving two 3-unit buildings onto the one lot. Architectural drawings are available when in contract. Already zoned ARLD as a multi-family, this site may benefit from federal and state tax credits. Located in an OPPORTUNITY ZONE which offers tax benefits to investors, it's in a burgeoning walkable community, diverse and up and coming. The preliminary work completed by the seller, brings tremendous value to a project, including architectural plans and legal work for variances, certifications and zoning.
Location
State OH
County Franklin
Community Olde Town East
Area 0.24
Zoning ARLD
Rooms
Dining Room No
Interior
Equipment No
Others
Tax ID 010-002707
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