771 Derrer Road

Baths
1,667 Sq. Ft.
$20 / Sq. Ft.
1,667
Sq. Ft.
$20
per Sq. Ft.

Description

Great investment opportunity for your buyer! one story duplex that that needs TLC but priced to sell! Long term tenants in place. Close to amenities and highways. SOLD AS IS. 18.5% cap rate on investment.Great investment opportunity for your buyer! one story duplex that that needs TLC but priced to sell! Long term tenants in place. Close to amenities and highways. SOLD AS IS. 18.5% cap rate on investment.
  1. Listed by Colleen A Welch • Brokerage DRE #2013000808 • New Millennium Realty
    P: (740)-253-1942 C: (740)-253-1942 twelch001@columbus.rr.com
LISTING UPDATED: 01/12/2025 10:26 PM

Property Details for 771 Derrer Road

StatusClosed
MLS #216006670
Days on Market18
Taxes$2,245 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1953
Lot Size0.20 AC / 8,712 SF
CountyFranklin County

Location

Listing Courtesy of New Millennium Realty

Sold By Frank B. Young, Inc.

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Building Information for 771 Derrer Road

Stories-Residences2Year Built1953Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$351 per month

30 year fixed, 6.36% Interest

Principal and Interest

$164

Property Taxes

$187

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 771 Derrer Road

Summary
Location and General Information
  • Township: Franklin
  • Longitude: -83.090882
  • Latitude: 39.938228
  • Cross Street: Briggs
  • Between Street: Sullivant
Taxes and HOA
  • Parcel Number: 140-004918
  • Tax Year: 2015
  • Tax District: 140
School Information
  • High School District: SOUTH WESTERN CSD 2511 FRA CO.
Parking
  • Off Street Parking Spaces: 1.0
Property
Lot Information
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size (Front): 70
  • Lot Size (Side): 125
Property and Assessments
  • Year Built: 1953
  • Built Prior to 1978: Yes
Building Features
  • Building Sqft: 1667.0
Multi Family
Multi Family Information
  • Total Number Of Units: 2
Income & Expenses
  • Net Operating Income: $6,500
  • Operating Expense: $1,900.00
  • Gross Income: $8,400
Rental
Rent Information
  • 2 Bedroom: 2 Bedroom # of Units: 1
  • 3 Bedroom: 3 Bedroom # of Units: 1

Property History for 771 Derrer Road

DateEvent & SourcePriceAppreciation
Apr 21, 2016

Sold

Columbus and Central Ohio Regional MLS #216006670

$32,900
Mar 23, 2016

Contract Signed

Columbus and Central Ohio Regional MLS #216006670

Mar 16, 2016

Listed (Active)

Columbus and Central Ohio Regional MLS #216006670

$32,900
DateEvent & SourcePrice
04/21/2016

Sold

Columbus and Central Ohio Regional MLS #216006670

$32,900
03/23/2016

Contract Signed

Columbus and Central Ohio Regional MLS #216006670

03/16/2016

Listed (Active)

Columbus and Central Ohio Regional MLS #216006670

$32,900

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

Schools near 771 Derrer Road

This home is within South-Western City School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
West Franklin Elementary School
PublicK to 4

Franklin Woods Intermediate School
Public5 to 6

Finland Middle School
Public7 to 8

Franklin Heights High School
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 New Millennium Realty

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