$10,000
$11,900
16.0%For more information regarding the value of a property, please contact us for a free consultation.
231 SqFt
SOLD DATE : 09/17/2024
Key Details
Sold Price $10,000
Property Type Single Family Home
Sub Type Other Residential without Deeded Land
Listing Status Sold
Purchase Type For Sale
Square Footage 231 sqft
Price per Sqft $43
Subdivision Hawthorne Lakes
MLS Listing ID 224029882
Sold Date 09/17/24
Style 1 Story
HOA Fees $11
HOA Y/N Yes
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1999
Annual Tax Amount $168
Lot Size 435 Sqft
Lot Dimensions 0.01
Property Description
Hawthorne Lakes condominium complex 1-car garage unit. Garage units in this complex are deeded separately from residential units. Owners are responsible for the interior and the condo association is responsible for the exterior. Manual garage doors and no interior electric. Owners/renters of the garage units are not required to be owners/renters of a residential unit in the community.
These units are a great budget alternative to a traditional storage facility and could be an excellent investment with low entry, overhead, and maintenance costs. If rented for $100/month, investors could achieve a cap rate of over 8%. Currently rented month to month at $75/month.
Expenses include an $11/month condo fee, and yearly taxes of $167.90. Units G22, and G48 also available.
Location
State OH
County Franklin
Community Hawthorne Lakes
Area 0.01
Rooms
Dining Room No
Interior
Equipment No
Exterior
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 1
Building
Architectural Style 1 Story
Others
Tax ID 010-250341
Acceptable Financing Conventional
Listing Terms Conventional
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