614-595-1144 [email protected]

1197 E North Broadway, Columbus, OH 43224 (MLS# 219003775)


$265,000
1197 E North Broadway
Columbus, OH 43224
MLS# 219003775
Status: Closed



1197 E North Broadway, Columbus, OH 43224
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1197 E North Broadway, Columbus, OH 43224 1197 E North Broadway, Columbus, OH 43224 1197 E North Broadway, Columbus, OH 43224

Property Description
Curb Offers only. Please do not disturb the tenants. Great rental opportunity! 100% occupied, month to month leases. 2 units @ $500, other units at $475, $445, $400. Rent potential $650-$750 per month. Updates include: 3 units have new hot water tanks, furnace, and AC units. The roof was replaced approximately 15 years ago. Two parcels to be sold together at the corner of N. Broadway and McGuffey. Off street parking up to 8 spaces To be sold ''as is''.

Details
Location & Property Info
Original List Price: 265000
Sold Price: $225,000
List Price/SqFt: 60.01
Sub-Type: Combination
Street #: 1197
Street PreDirection: E
Street Name: North Broadway
County: Franklin
City (Mailing Addr): Columbus
State: OH
Zip Code: 43224
Subdiv/Cmplx/Comm: Sunnyside
School District: COLUMBUS CSD 2503 FRA CO.
Corp LimitPerAuditor: Columbus
Township: None
Office/Contract Info
Buy Brkr/Tenant Rep: Yes
BB/TR Amount: 3
BB/TR Amount Type: Percent
Sub Agency: No
Sold Non-MLS: No
Status: Closed
MLS Entry Date: 2019-02-10
For Sale: Yes
Exchange: No
General Property Info
Number of Units: 5
# of Buildings: 2
Building Sqft: 4416
Year Built: 1974
Built Prior to 1978: Yes
Occupancy Rate: 100
Lot Size (Side): 130
Acreage: 0.12
Tax Info
Parcel #: 010-083777
Addl Parcel Numbers: 010-083778
Tax Year: 2018
Tax Abatement: No
Taxes (Yrly): 3276
Status Change Info
Under Contract Date: 2019-03-14
Sold Date: 2019-03-20
Sold Price: $225,000
Sold Price/SqFt: 50.95
Income/Expenses
Gross Income: 30156
Net Operating Income: 19687
Total Expenses: 10469
2 Bedroom
2 Bedroom # of Units: 5
Financials
Financials ForYearOf: 2018
Gross Rental Income: 30156
Expenses
R.E. Taxes: 3273
Property Insurance: 1865
Repairs&Maintenance: 3241
Misc Expense: 350
Water Expense: 1554
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
Parking Type: 1 Off Street; 2 Off Street
Owner Pays: Sewer; Trash; Water
Tenant Pays: Electricity
Heat Fuel: Electric
Heating: Forced Air
Air Conditioning: Central
Construction: Brick; Vinyl Siding
Services Available: Electric; Storm Sewer; Water
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Realty Executives Decision

Listing Agent: Jill Beckett-Hill

Last Updated: December - 30 - 2021


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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