2251-2273 Hughey Drive, Reynoldsburg, OH 43068 (MLS# 215027581)

$675,000

2251-2273 Hughey Drive
Reynoldsburg, OH 43068
MLS# 215027581
Status: Closed

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Property Description
This all brick, 12 unit building features a private parking lot. Each unit is sub-metered and tenants pay all utilities. There are no vacancies, but we're using a 5% vacancy rate. Some units have been updated, but all units are in great condition. Each unit has 2 bedrooms, 1.5 baths, with a partially finished lower level and private patio area. Please view attached property analysis and rent roll. Property is a money maker.

Details

Location & Property Info

Original List Price: 675000

Sold Price: $645,000

List Price/SqFt: 35.44

Sub-Type: Townhouse

Street #: 2251-2273

Street Name: Hughey

Street Suffix: Drive

County: Franklin

City (Mailing Addr): Reynoldsburg

State: OH

Zip Code: 43068

School District: REYNOLDSBURG CSD 2509 FRA CO.

Corp LimitPerAuditor: Reynoldsburg

Township: Truro

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: 2015-07-29

For Sale: Yes

Exchange: No

General Property Info

Number of Units: 12

Building Sqft: 19048

Year Built: 1987

Built Prior to 1978: No

Occupancy Rate: 100

Acreage: 0.8

Tax Info

Parcel #: 060-004408

Tax Year: 2014

Taxes (Yrly): 13976

Status Change Info

Under Contract Date: 2015-08-27

Sold Date: 2015-11-10

Sold Price: $645,000

Sold Price/SqFt: 33.86

Income/Expenses

Gross Income: 102600

Net Operating Income: 71760

Total Expenses: 30840

2 Bedroom

2 Bedroom # of Units: 12

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known

MLS Primary PhotoSrc: Realtor Provided

Listing Office: Art Russo, REALTORS

Listing Agent: Richard Russo

Last Updated: June - 11 - 2020

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

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