$705,000
$825,000
14.5%For more information regarding the value of a property, please contact us for a free consultation.
1.8 Acres Lot
SOLD DATE : 11/15/2024
Key Details
Sold Price $705,000
Property Type Multi-Family
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Subdivision Eakin Townhome Apartments
MLS Listing ID 213032837
Sold Date 11/15/24
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1952
Annual Tax Amount $30,036
Lot Size 1.800 Acres
Lot Dimensions 1.8
Property Description
Slight reposition needed to realize a 12%+ Cap Rate. 79% occupied. Brick 28 unit complex, 2 BR townhomes (1,050 SF) w/full basements. 22 of 28 units fully renovated 2009-2011 including mechanicals, supply/waste lines, electrical service, windows, kitchens/baths, refinished wood floors & much more. 1 unit is down & the remainng 5 units received many updates except for new kitchens, bathrooms, plumbing & refinished wood floors. Could be coupled with 50 units at 769 Canonby Pl.
Location
State OH
County Franklin
Community Eakin Townhome Apartments
Area 1.8
Zoning R-4
Rooms
Dining Room No
Interior
Heating Forced Air
Cooling Central
Equipment No
Others
Tax ID 010-033395
Acceptable Financing Conventional
Listing Terms Conventional
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