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Real Living Anders & Associates

1450 Elaine Road, Columbus OH, 43227

(Contingent)
$300,000
|
7,200 sqft
|
MLS# 213041601
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Listing Provided Courtesy Of: HER, Realtors
Last Updated: 4/19/2014 6:16 PM
Description for 1450 Elaine Road Columbus, OH 43227
9.56% Cap Rate. 100% Occupied Fully Renovated in 2013. Ave Rents = $420/mo. Elaine Rd Apartments 12 One-Bedroom units in 3 buildings on one parcel. Brick exterior, new windows, doors, kitchens, bathrooms, appliances, flooring, fixtures, AC units, baseboard heaters & water heaters. Seller receives Sec 8 rent via wire transfer at the start of each month. Solid investment. 18.31% ROE with 20% down (25.98% total return with principal reduction). 3/8 mile west of Hamilton Rd.
Price
$300,000
Franklin
7,200 (approx)
213041601
Contingent
Description
9.56% Cap Rate. 100% Occupied Fully Renovated in 2013. Ave Rents = $420/mo. Elaine Rd Apartments 12 One-Bedroom units in 3 buildings on one parcel. Brick exterior, new windows, doors, kitchens, bathrooms, appliances, flooring, fixtures, AC units, baseboard heaters & water heaters. Seller receives Sec 8 rent via wire transfer at the start of each month. Solid investment. 18.31% ROE with 20% down (25.98% total return with principal reduction). 3/8 mile west of Hamilton Rd.
Listing Information
Property Type: Flat
0.49 Acres 7,200 (approx) $41.67
1963 Brick
New Construction
None//
Storm Sewer
Electric, Sanitary Sewer
12 Total
Neighborhood
School Information
District: Columbus Csd 2503 Fra Co.
Room Information
Interior Features
A/C - Other
Electric Heating, Other, Other
Washer/dryer Hookup
Exterior / Lot Features
Brick
Financial Considerations
010-208503
$1,562
2012

Columbus Real Estate

Columbus is located in Ohio. Columbus, Ohio 43227 has a population of  787,033.

The median household income in Columbus, Ohio 43227 is $46,371. The median household income for the surrounding county is $49,961 compared to the national median of $50,935. The median age of people living in Columbus 43227 is 31.4 years.

Sales History
Tax Info
Listing Provided Courtesy Of: HER, Realtors Broker Phone: 614-240-7400Agent: Douglas TenenbaumAgent Phone: 614-554-4408
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. Copyright 2011 Columbus and Central Ohio Multiple Listing Service, Inc. All rights reserved.
Information is deemed reliable but is not guaranteed.

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392434 - Real Living Anders & Associates
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