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1898 Baldwin Road, Reynoldsburg, OH 43068 (MLS# 224010925)


$3,000,000
1898 Baldwin Road
Reynoldsburg, OH 43068
MLS# 224010925



1898 Baldwin Road, Reynoldsburg, OH 43068
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1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068 1898 Baldwin Road, Reynoldsburg, OH 43068

Property Description
PLEASE READ THE LATEST LOAN DETAILS FROM THE MARKETING BROCHURE. Opportunity to own a cash flowing stable investment of this 24 units apartment in Reynoldsburg. The property consists of 6 buildings with a unit mix of one 3 beds 1.5 baths and 23 units of 2 beds 1.5baths. The property went through a stabilized process to have a good management team, good tenants, separate water readings, all rent ready conditions and increased tenant satisfaction with a camera system for common areas, maintained cleanliness and on time landscaping. Assumable Loan at 3.78% interest. Current Property Management willing to stay. Perfect Candidate for 1031 Exchange. Please do not disturb tenants.

Details
Location & Property Info
Original List Price: 3000000
List Price: $3,000,000
List Price/SqFt: 144.23
Sub-Type: Midrise
Street #: 1898
Street Name: Baldwin
Street Suffix: Road
County: Franklin
City (Mailing Addr): Reynoldsburg
State: OH
Zip Code: 43068
Subdiv/Cmplx/Comm: BLACKLICK HGHTS 2
School District: REYNOLDSBURG CSD 2509 FRA CO.
Corp LimitPerAuditor: Reynoldsburg
Township: Truro
Office/Contract Info
Buy Brkr/Tenant Rep: Yes
BB/TR Amount: 2
BB/TR Amount Type: Percent
Sub Agency: No
Sold Non-MLS: No
Status: Active
MLS Entry Date: 2024-04-12
For Sale: Yes
Exchange: No
General Property Info
Number of Units: 24
Building Sqft: 20800
Year Built: 1967
Built Prior to 1978: Yes
Acreage: 0.44
Use Code: 402 - APARTMENT:20-39 UNITS
Tax Info
Parcel #: 060-004514
Tax Year: 2023
Tax Abatement: No
Taxes (Yrly): 23556
Income/Expenses
Gross Income: 301812
Net Operating Income: 215156
Total Expenses: 86656
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Parking Type: 1 Off Street
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central
Sewer: Public Sewer
New Financing: Assumable
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Keller Williams Greater Cols

Listing Agent: Tracy Keffer

Last Updated: April - 26 - 2024


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

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