84-86 Derrer Road

Closed 12/6/19
Closed 12/6/19
Gallery Image 1
Sold
Last Sold Price
$75,000
6 beds2,352 sqft

84-86 Derrer Road, Columbus, OH 43204

Multi FamilyProperty Type
0.14 acresLot Size
1913Year Built
$32/sq ftPrice per sq ft

Description

Cash flow positive investment property in beautifully evolving Westgate Park neighborhood of West Columbus. Long term tenants in both units. Updated unit rents month-to-month for $700 and second units rents month-to-month for $650. This is a real gem with potential for continued positive cash flow with a new owner.Cash flow positive investment property in beautifully evolving Westgate Park neighborhood of West Columbus. Long term tenants in both units. Updated unit rents month-to-month for $700 and second units rents month-to-month for $650. This is a real gem with potential for continued positive cash flow with a new owner.
  • Listed by: Alexander H Buchner 614.944.5900 Sullivan@KW.com Brokerage DRE #2003016593 • Keller Williams Greater Cols
Listing closed: 12/06/2019 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 219012283
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Location

Listing Courtesy of Keller Williams Greater Cols

Sold By Mi Casa Group Realty LLC.

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$638 per month

30 year fixed, 7.03% Interest

Principal and Interest

$400

Property Taxes

$238

HOA Dues

$0

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Property Information for 84-86 Derrer Road

Property Details

  • Taxes: $2,855 / year
  • MLS Type: Multi-Family / Duplex
  • County: Franklin County
  • Subdivision Name: Westgate Park

Building Information

  • Residences: 2
  • Year Built: 1913
  • Lot Size: 0.14 AC / 6,098 SF

Summary

Location and General Information
  • Longitude: -83.09119
  • Latitude: 39.95224
  • Cross Street: Camp Chase
  • Corp Limit Per Auditor: Columbus
  • Between Street: Olive
Taxes and HOA
  • Parcel Number: 010-078716
  • Tax Year: $2,017.00
  • Tax District: 010
  • Tax Abatement: No
School Information
  • High School District: COLUMBUS CSD 2503 FRA CO.
Parking
  • Parking Features: On Street

Property

Lot Information
  • Lot Size Square Feet: 6098.4
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size (Front): 50
  • Lot Size (Side): 122
Property and Assessments
  • Year Built: 1913
  • Built Prior to 1978: Yes
Building Features
  • Building Sqft: 2352.0

Multi Family

Multi Family Information
  • Total Number Of Units: 2.0
  • Occupancy Rate: 100.00%
Income & Expenses
  • Net Operating Income: $16,200
  • Gross Income: $16,200

Rental

Rent Information
  • 3 Bedroom: 3 Bedroom # of Units: 2.0
  • 3 Bedroom: 3 Bedroom Month Rent Per Unit: $700,650.00
Tenant Information
  • Tenant Pays: Electricity, Gas

Property History for 84-86 Derrer Road

DateEvent & SourcePriceAppreciation
Dec 6, 2019

Sold

Columbus and Central Ohio Regional MLS #219012283

$75,000—
Nov 15, 2019

Contract Signed

Columbus and Central Ohio Regional MLS #219012283

—
Sep 9, 2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219012283

$124,900—
DateEvent & SourcePrice
12/06/2019

Sold

Columbus and Central Ohio Regional MLS #219012283

$75,000
11/15/2019

Contract Signed

Columbus and Central Ohio Regional MLS #219012283

—
09/09/2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219012283

$124,900

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

Public records

84-86 Derrer Road

Baths

2

Total Finished SqFt

2,352 SqFt

Above Grade Finished SqFt

2,352 SqFt

Stories

2

Lot Size

6,098 SqFt

Style

Duplex

Schools near 84-86 Derrer Road

This home is within Columbus City School District.
Rating
School
Type
Grades
Distance
Westgate Alternative Elementary School
Public - PK to 5
Westmoor Middle School
Public - 6 to 8
West High School
Public - 9 to 12
Columbus Online Academy
Public - 7 to 12
Rating
School
Distance
Westgate Alternative Elementary School
PublicPK to 5

Westmoor Middle School
Public6 to 8

West High School
Public9 to 12

Columbus Online Academy
Public7 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Greater Cols

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