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1057 E 15th Avenue #1059, Columbus, OH 43211
$166,000
1057 E 15th Avenue #1059, Columbus, OH 43211View this property at 1057 E 15th Avenue #1059, Columbus, OH 43211
1057 E 15th Avenue #1059ColumbusOH43211
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Property Description
Trouble finding properties that produce 1% rent -to-price ratio?...this one exceeds it! 1057-1059 E. 15th Ave. is a 100% occupied, performing 3BR/1BA per side duplex in the rapidly changing Linden Neighborhood. How rapidly?- the City of Columbus has allocated nearly $35m for neighborhood improvements in the community. Major improvements to 1057-1059 E. 15th were completed in 2018. 1057 is leased at $900/mo. ($825 rent and $75 water). 1059 is leased at $911/mo. ($825 rent +$75 water+$11 fee). The comparable duplex next door just closed at $250k and 1116-1118 E. 15th is in contract at $259k! The cherry on top- This property is under professional management by ROOST Real Estate Co., who is willing to stay on after the sale. Do not miss the opportunity to add this cash cow to your portfolio.
Full Property Details
Full Property Details for 1057 E 15th Ave #1059
General
- Sold For: $166,000
- Taxes: $1,183 (2020)
- Status: Closed
- Type: Multi-Family
- MLS ID: 221021863
- Added to Site: 1, 050 day(s) ago
Additional Information
- Other Features: Basement
Parking
- Total Spaces: 2
Location
- Municipality: Columbus
- County: Franklin
- Township: None
- Cross Streets: Cleveland Ave, Hamilton Ave
- Dist. to Freeway: .01
School Information
- School District: COLUMBUS CSD 2503 FRA CO.
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Utility Description: Electric, Gas, Sanitary Sewer, Storm Sewer, Water
Structural Information
- # Buildings: 1
- Construction: Frame
- Square Feet: 2,408
- Year Built: 1927
- Remodeled/Updated: 2018
Unit Information
- Occupancy Rate: 100
- 3 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.1
- Lot Dimensions: 35 x 122
- Lot Description: Trouble finding properties that produce 1% rent -to-price ratio?...this one exceeds it! 1057-1059 E. 15th Ave. is a 100% occupied, performing 3BR/1BA per side duplex in the rapidly changing Linden Neighborhood. How rapidly?- the City of Columbus has allocated nearly $35m for neighborhood improvements in the community. Major improvements to 1057-1059 E. 15th were completed in 2018. 1057 is leased at $900/mo. ($825 rent and $75 water). 1059 is leased at $911/mo. ($825 rent +$75 water+$11 fee). The
Financial Considerations
- Price Per Sq. Ft.: $68.52
- Tax Amount: $1,183
- Tax Year: 2020
- Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Listed by OwnerLand Realty, Inc. (614) 706-1115, Brandon S Sturgill
Sold by REAF Company LLC, Remington Lyman
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Schools
Schools serving 1057 E 15th Ave #1059
School District:Columbus City School District
Rating | Name | Grades | Distance |
---|---|---|---|
1219 E 12th Ave, Columbus, OH 43211 | PK-6 | 0.4 mi | |
1320 Duxberry Ave, Columbus, OH 43211 | 7-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1057 E 15th Ave #1059
Date
Details
Price
Change
Source
9/20/2021
Sold
$166,000
0.61%
MLS
6/18/2021
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1057 E 15th Avenue #1059, Columbus, OH 43211 (MLS# 221021863) is a Multi-Family property that was sold at $166,000 on September 20, 2021. Want to learn more about 1057 E 15th Avenue #1059? Do you have questions about finding other Multi-Family real estate for sale in South Linden? You can browse all South Linden real estate or contact a Coldwell Banker agent to request more information.