$ 1,500,000
699 Wetmore Road Columbus, OH 43214
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$ 1,500,000
Est. payment | /mo
$ 1,500,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224040759
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1968
Annual Tax Amount $29,566
Property Description
Clintonville 16-Unit Apt Building located at the corner of Indianola & Wetmore Rd. Features 15 one-bedroom units and 1 studio, with 14 units currently leased as of 11/15/24, generating an AVG rent of $982.85/m. The rent roll is available under documents. New roof 2018. There are 14 carports and off-street parking for approx. 12 additional vehicles.
Owner covers gas, water, and sewer, while residents pay electricity. With two units renting for $1,095 and $1,145, there's potential for rent increases. This building is a stable, long-term investment located on a bus line. Buyer concessions may be considered. This building is a stable long-term investment on the bus line that is a GOOD CANDIDATE FOR an A 1031 EXCHANGE BUYER. New roof in 2018
Owner covers gas, water, and sewer, while residents pay electricity. With two units renting for $1,095 and $1,145, there's potential for rent increases. This building is a stable, long-term investment located on a bus line. Buyer concessions may be considered. This building is a stable long-term investment on the bus line that is a GOOD CANDIDATE FOR an A 1031 EXCHANGE BUYER. New roof in 2018
Location
State OH
County Franklin
Zoning AR-1
Rooms
Dining Room No
Interior
Heating Forced Air
Cooling Central
Equipment No
Exterior
Garage 2 Off Street, On Street
Others
Tax ID 010-084787
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Joseph C Jackson Keller Williams Capital Ptnrs