699 Wetmore Road, Columbus, OH 43214
- $1,625,000
- Sold Price
- $1,625,000
- List Price
- $1,500,000
- Status
- CLOSED
- Days on Market
- 25
- Closing Date
- Dec 13, 2024
- MLS#
- 224040759
- Subtype
- Multi-Family
- Year Built
- 1968
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
Additional Information
- Heating
- Forced Air
- Garage
- On Street
- School District
- Columbus Csd 2503 Fra Co.
Listing Courtesy of : Joseph C Jackson ---- Keller Williams Capital Ptnrs
Selling Office: RE/MAX Capital Centre.