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4090 Cleveland Avenue

Columbus, OH 43224
  • $5,400,000
  • STATUS: Active
  • ON SITE: 678 Days
  • MLS #: 222043169
$5,400,000
  • 0
    BEDS
  • 3.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 53,133
    SQFT
  • $102
    $/SQFT
Type:
Multi-Family
Built:
1974
County:
Area:

School Ratings & Info

School District:

Description

MORSE CREEK COMMONS APARTMENTS70 - 2BRTH in North Columbus. All brick exteriors. Spacious interiors. High rental demand. High visibiity. Long time Owner/Manager getting ready to retire. There are long term tenant who are paying below market rentals. Average rent today is only $690. New residents will pay $795. Neighborhood average rent is $1095. This property does need cosmetic and other improvements but such remodeling will yield higher income. See Documents attached. . High demand spacious floor plans. Plenty of off street parking.. Lots of potential for smart operators. Please do not disturb residents. Contingent curb offerings only. Thank you. .

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© 2024 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shaffer Team | Howard Hanna Real Estate Services. Data last updated: 2024-10-07T23:52:02.717.
www.shaffer-team.com/homes/135100499
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4090 Cleveland Avenue Columbus, OH 43224

  • Price: $5,400,000
  • Status: Active
  • On Site: 678 Days
  • MLS #: 222043169
0
Beds
0
Baths
0
½ Baths
3.69
Acres
53,133
SQFT
$102
$/SQFT
1974
Built
County:
Franklin
Area:
Columbus
School District:
Columbus Csd 2503 Fra Co.
Property Description
MORSE CREEK COMMONS APARTMENTS70 - 2BRTH in North Columbus. All brick exteriors. Spacious interiors. High rental demand. High visibiity. Long time Owner/Manager getting ready to retire. There are long term tenant who are paying below market rentals. Average rent today is only $690. New residents will pay $795. Neighborhood average rent is $1095. This property does need cosmetic and other improvements but such remodeling will yield higher income. See Documents attached. . High demand spacious floor plans. Plenty of off street parking.. Lots of potential for smart operators. Please do not disturb residents. Contingent curb offerings only. Thank you. .
Exterior Features

Construction Brick

Interior Features

Air Conditioning Central Heat Fuel Electric Heating Forced Air

Property Features

2 Bedroom Monthly Rent Per Unit 690.00 2 Bedroom Units 70 Auction No Between Street1 Morse Road Between Street2 Cooke Road Built Prior To1978 Yes Corp Limit Per Auditor Columbus For Exchange No For Sale Yes Miscellaneous W/D Hookups Multifamily Sub Type Townhouse New Financing Conventional Occupancy Rate 95 Owner Pays Trash Services Available ElectricSanitary SewerWaterStorm Sewer Sewer Public Sewer Tax District 010 Tax Year 2021 Taxes Yearly 48724.00 Tenant Pays ElectricitySewerWater Township None

Listing provided courtesy of Thomas Fortin of Thomas Fortin & Company LLC.: (614) 348-7876.


© 2024 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shaffer Team | Howard Hanna Real Estate Services. Data last updated: 2024-10-07T23:52:02.717.
 
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