Sold
Last Sold Price
6 beds2,352 sqft$32/sqft
84-86 Derrer Road, Columbus, OH 43204
Multi FamilyProperty Type
6,098 sq ftLot 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

Location

Listing Courtesy of Keller Williams Greater Cols

Sold By Mi Casa Group Realty LLC.

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Payment Calculator

$619 per month

30 year fixed, 6.55% Interest

Principal and Interest

$381

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
  • 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 for 84-86 Derrer Road

Taxable ValueLand$10,610Additions$15,650Total$26,260
Tax Record2021$1,548 ($129 / month)
Home Facts
Baths2Total Finished SqFt2,352 SqFtAbove Grade Finished SqFt2,352 SqFtStories2Lot Size6,098 SqFtStyleDuplexYear Built1913CountyFRANKLINAPN010-078716

Schools near 84-86 Derrer 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 - 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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Listing Courtesy of Keller Williams Greater Cols

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