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$480,000

  • Sold
  • Closed
  • Multi-Family
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Beautifully updated & TAX-ABATED UNTIL 2035 duplex in Olde Towne East! The building was fully renovated and permitted in 2020. Great owner-occupant opportunity or turn-key Short Term Rental CASH COW! The property generated over $60,000 of gross rental income in 2022. Professional property management is in place. Each unit offers 3 bedrooms, 2.5 bathrooms, full basement. First-floor laundry and half bath. Large rear yard and off-street parking. Great proximity to Nationwide Children's Hospital, Bexley, and downtown!

Full Property Details for 516-518 S Champion Ave

General

  • Sold For: $480,000
  • Taxes: $2,158 (2022)
  • Status: Closed
  • Type: Multi-Family
  • Source: Columbus_N_Greater_Ohio
  • MLS ID: 223011949
  • Added to Site: 998 day(s) ago

Additional Information

  • Other Features: Basement

Parking

  • Parking Features: 2 Off Street, On Street

Location

  • Municipality: Columbus
  • County: Franklin
  • Township: None
  • Development Name: Olde Towne East
  • Cross Streets: Fulton St, Cole St

School Information

  • School District: COLUMBUS CSD 2503 FRA CO.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air
  • Heating Fuel: Electric

Utilities

  • Utility Description: Electric, Sanitary Sewer, Storm Sewer, Water

Structural Information

  • Construction: Brick
  • Square Feet: 2,569
  • Year Built: 1913

Unit Information

  • 3 Bedroom Units: 2

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 37 x 150
  • Lot Description: Beautifully updated & TAX-ABATED UNTIL 2035 duplex in Olde Towne East! The building was fully renovated and permitted in 2020. Great owner-occupant opportunity or turn-key Short Term Rental CASH COW! The property generated over $60, 000 of gross rental income in 2022. Professional property management is in place. Each unit offers 3 bedrooms, 2.5 bathrooms, full basement. First-floor laundry and half bath. Large rear yard and off-street parking. Great proximity to Nationwide Children's Hospita

Financial Considerations

  • Price Per Sq. Ft.: $194.59
  • Tax Amount: $2,158
  • Tax Year: 2022

Listed by Lim Realty Group (614) 456-7365, Jonathan Lorenz (614) 517-4590
Sold by Keller Williams Consultants (614) 517-4590, Johnathon Brunner

Listing agent

— 516-518 S Champion Ave —

  • Jonathan Lorenz

    Lim Realty Group

    (614) 456-7365

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 516-518 S Champion Ave

School District:Columbus City School District
NameGradesDistance
Ohio Avenue Elementary School
505 South Ohio Avenue, Columbus, OH 43205
K-50.1 mi
Champion Middle School, Columbus, OH
284 North 22nd Street, Columbus, OH 43203
6-81.2 mi
East High School, Columbus, OH
1500 East Broad Street, Columbus, OH 43205
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516-518 S Champion Ave

Date
Details
Price
Change
Source
7/05/2023
Sold
$480,000
-3.98%
MLS
6/05/2023
Price Reduced
$499,900
-1.96%
MLS
5/23/2023
Price Reduced
$509,900
-2.86%
MLS
5/07/2023
Price Reduced
$524,900
-4.55%
MLS
4/28/2023
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Lim Realty Group (614) 456-7365, Jonathan Lorenz (614) 517-4590
Sold by Keller Williams Consultants (614) 517-4590, Johnathon Brunner

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516-518 S Champion Avenue, Columbus, OH 43205 (MLS# 223011949) is a Multi-Family property that was sold at $480,000 on July 05, 2023. Want to learn more about 516-518 S Champion Avenue? Do you have questions about finding other Multi-Family real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.