Sold
Last Sold Price
5 beds1,997 sqft
315-321 Colton Road, Columbus, OH 43207
Multi FamilyProperty Type
0.33 acresLot Size
1949Year Built
$156/sq ftPrice per sq ft

Description

A fantastic investment opportunity awaits with this multi-housing with 3 separate units each offering privacy. Two units feature 2 bedrooms, 1 bath, and a full basement, and the one-unit features 1 bedroom and 1 bath on a slab foundation, with an attached garage. The garage could also potentially be used as a storage rental, or possibly leased to a tenant. Unit 315 has a newer furnace ('22) and newer laminate flooring, Unit 321 has a newer furnace ('22) and newer laminate flooring, Unit 321 Rear...A fantastic investment opportunity awaits with this multi-housing with 3 separate units each offering privacy. Two units feature 2 bedrooms, 1 bath, and a full basement, and the one-unit features 1 bedroom and 1 bath on a slab foundation, with an attached garage. The garage could also potentially be used as a storage rental, or possibly leased to a tenant. Unit 315 has a newer furnace ('22) and newer laminate flooring, Unit 321 has a newer furnace ('22) and newer laminate flooring, Unit 321 Rear has a newer furnace ('19) and newer laminate flooring. The large fenced backyard is perfect for gardening or outdoor activities.
  • Listed by: Hugh H Price 740.404.2399 hughpricerealestate@gmail.com Brokerage DRE #2009000745 • Howard HannaRealEstateServices
Listing closed: 05/20/2024 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 224010503

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Payment Calculator

$1,922 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,668

Property Taxes

$253

HOA Dues

$0

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Property Information for 315-321 Colton Road

Property Details
  • Taxes: $3,039 / year
  • MLS Type: Multi-Family / Mixed Use
  • Zoning Description: R-2
Building Information
  • Residences: 3
  • Year Built: 1949
  • Lot Size: 0.33 AC / 14,374 SF
Summary
Location and General Information
  • Longitude: -82.9883
  • Latitude: 39.892398
  • Cross Street: 8th St
  • Corp Limit Per Auditor: Columbus
  • Between Street: Parsons Ave
Taxes and HOA
  • Additional Parcels: No
  • Parcel Number: 010-115405
  • Tax Year: $2,022.00
  • Tax District: 010
  • Tax Abatement: No
School Information
  • High School District: COLUMBUS CSD 2503 FRA CO.
Parking
  • Parking Features: 1 Car Garage, Detached Garage, On Street
Property
Lot Information
  • Lot Size Square Feet: 14374.8
  • Lot Size Acres: 0.33
  • Lot Size Area: 0.33
  • Lot Size (Front): 76
  • Lot Size (Side): 190
Property and Assessments
  • Year Built: 1949
  • Built Prior to 1978: Yes
Building Features
  • Construction Materials: Block, Frame
  • Building Sqft: 1997.0
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 3.0
Income & Expenses
  • Net Operating Income: $31,614
  • Operating Expense: $7,386.00
  • Gross Income: $39,000
  • Real Estate Taxes: $3,426
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection, Water
  • 1 Bedroom: 1 Bedroom # of Units: 1.0
  • 2 Bedroom: 2 Bedroom # of Units: 2.0
Tenant Information
  • Tenant Pays: Electricity, Gas

Property History for 315-321 Colton Road

DateEvent & SourcePriceAppreciation
May 20, 2024

Sold

Columbus and Central Ohio Regional MLS #224010503

$312,500—
Apr 19, 2024

Contract Signed

Columbus and Central Ohio Regional MLS #224010503

—
Apr 18, 2024

Listed (Active)

Columbus and Central Ohio Regional MLS #224010503

$314,900—
DateEvent & SourcePrice
05/20/2024

Sold

Columbus and Central Ohio Regional MLS #224010503

$312,500
04/19/2024

Contract Signed

Columbus and Central Ohio Regional MLS #224010503

—
04/18/2024

Listed (Active)

Columbus and Central Ohio Regional MLS #224010503

$314,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 315-321 Colton Road

This home is within Columbus City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Parsons Elementary School
PublicPK to 5

Buckeye Middle School
Public6 to 8

Marion-Franklin High School
Public9 to 12

Columbus Scioto 6-12
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Howard HannaRealEstateServices

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