480 South James Road

Baths
10,092 Sq. Ft.
$92 / Sq. Ft.
10,092
Sq. Ft.
$92
per Sq. Ft.

Description

THREE Large FOUR FAMILY TOWNHOME BUILDINGS (Twelve Total Apartments) Each apartment with 2 Bedrooms and 1 bath on upper floor. Living Room, Dining Area and Kitchen on First Floor. Full Basement. Separate utilities. High rental demand. High visibility along James Road adjacent to affluent Eastmoor and Bexley areas. Long term tenants (average 10 years) Current rents very very low average $515 per apartment pus water charges. All month to month. No Owner Financing. Slate roofs. Tired outdated interiors...THREE Large FOUR FAMILY TOWNHOME BUILDINGS (Twelve Total Apartments) Each apartment with 2 Bedrooms and 1 bath on upper floor. Living Room, Dining Area and Kitchen on First Floor. Full Basement. Separate utilities. High rental demand. High visibility along James Road adjacent to affluent Eastmoor and Bexley areas. Long term tenants (average 10 years) Current rents very very low average $515 per apartment pus water charges. All month to month. No Owner Financing. Slate roofs. Tired outdated interiors and exteriors need extensive cosmetic improvements. Please do not disturb residents. Seller will only consider contingent curb offerings
  1. Listed by Thomas J Fortin • Brokerage DRE #2013002695 • Thomas Fortin & Company LLC.
    P: (614)-348-7876 C: (614)-348-7876 TFortin200@aol.com

Amenities

  • Basement
  • Electricity Included
  • Forced Air
  • Full Basement
LISTING CLOSED: 06/26/2023 12:00 AM

Property Details for 480 South James Road

StatusClosed
MLS #222044672
Days on Market112
Taxes$7,660 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Townhouse
Year Built1949
Lot Size0.43 AC / 18,730 SF
CountyFranklin County

Location

Listing Courtesy of Thomas Fortin & Company LLC.

Sold By RE/MAX Partners

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Building Information for 480 South James Road

Stories-Residences12Year Built1949Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$5,340 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,702

Property Taxes

$638

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 480 South James Road

Summary
Location and General Information
  • Longitude: -82.913966
  • Latitude: 39.961647
  • Cross Street: Fair
  • Corp Limit Per Auditor: Columbus
  • Between Street: Broad
Taxes and HOA
  • Additional Parcels: Yes
  • Additional Parcels Description: 010-093141
  • Parcel Number: 010-093142
  • Tax Year: $2,021.00
  • Tax District: 010
  • Tax Abatement: No
School Information
  • High School District: COLUMBUS CSD 2503 FRA CO.
Parking
  • Parking Features: Shared Driveway
Property
Lot Information
  • Lot Size Square Feet: 18730.8
  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
Property and Assessments
  • Year Built: 1949
  • Built Prior to 1978: Yes
  • Miscellaneous: Basement, W/D Hookups
Building Features
  • Construction Materials: Brick
  • Building Sqft: 10092.0
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer, Water Available
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 12.0
Income & Expenses
  • Net Operating Income: $36,843
  • Operating Expense: $37,317.00
  • Gross Income: $74,160
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 12.0
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $515.00
Tenant Information
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 480 South James Road

DateEvent & SourcePriceAppreciation
Jun 26, 2023

Sold

Columbus and Central Ohio Regional MLS #222044672

$925,000
Apr 14, 2023

Contract Signed

Columbus and Central Ohio Regional MLS #222044672

Jan 17, 2023

Listed (Active)

Columbus and Central Ohio Regional MLS #222044672

$995,000
DateEvent & SourcePrice
06/26/2023

Sold

Columbus and Central Ohio Regional MLS #222044672

$925,000
04/14/2023

Contract Signed

Columbus and Central Ohio Regional MLS #222044672

01/17/2023

Listed (Active)

Columbus and Central Ohio Regional MLS #222044672

$995,000

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

Schools near 480 South James 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 - 9 to 12
Rating
School
Distance
Fairmoor Elementary School
PublicPK to 5

Johnson Park Middle School
Public6 to 8

Walnut Ridge High School
Public9 to 12

Eastmoor Academy
Public9 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 Thomas Fortin & Company LLC.

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