Sold
Last Sold Price
14 beds5,782 sqft$123/sqft
868 South Spring Road, Westerville, OH 43081
Multi FamilyProperty Type
0.56 acresLot Size
1978Year Built
$123/sq ftPrice per sq ft
14 carsParking Spaces

Description

Very Rare! Westerville Schools Investment Property. Many updates. Each unit is metered and tenants pay their own water! 6 units total. Each end is a 3 bedroom (rents for $1050 and $1050) in the middle are 4- 2 bedrooms (rents $850-$850, $850 and $875), with storage closets. Lots of parking! Rents are low. Market rents for a 3 bed can be $1100-$1200+ the 2 bed already rents for $950 on other side! Owner is licensed agent! To be sold with 882 Spring. Multiple offers! Highest and best by saturday 2-13-21...Very Rare! Westerville Schools Investment Property. Many updates. Each unit is metered and tenants pay their own water! 6 units total. Each end is a 3 bedroom (rents for $1050 and $1050) in the middle are 4- 2 bedrooms (rents $850-$850, $850 and $875), with storage closets. Lots of parking! Rents are low. Market rents for a 3 bed can be $1100-$1200+ the 2 bed already rents for $950 on other side! Owner is licensed agent! To be sold with 882 Spring. Multiple offers! Highest and best by saturday 2-13-21 at 3 pm. Seller reserves the right to put into contract prior !
  • Listed by: Jeffrey J Dulle 614.260.7563 jdulle@hotmail.com Brokerage DRE #2003013205 • 1st Place Realty
Listing closed: 03/12/2021 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 221003829

Amenities

  • Central AC

Location

Listing Courtesy of 1st Place Realty

Sold By RE/MAX Connection

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Payment Calculator

$4,409 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,616

Property Taxes

$793

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 868 South Spring Road

Property Details
  • Taxes: $9,516 / year
  • MLS Type: Multi-Family / Apartment
Building Information
  • Building/Complex: 868 S Spring Rd
  • Residences: 6
  • Year Built: 1978
Summary
Location and General Information
  • Longitude: -82.905564
  • Latitude: 40.101426
  • Cross Street: Spring
  • Corp Limit Per Auditor: Westerville
  • Between Street: Huber Village
Taxes and HOA
  • Parcel Number: 080-006094
  • Tax Year: $2,019.00
  • Tax District: 080
  • Tax Abatement: No
School Information
  • High School District: WESTERVILLE CSD 2514 FRA CO.
Parking
  • Parking Total: 14.0
Property
Lot Information
  • Lot Size Square Feet: 24393.6
  • Lot Size Acres: 0.56
  • Lot Size Area: 0.56
  • Lot Size (Front): 6
Property and Assessments
  • Year Built: 1978
  • Year Built Effective: 2020
  • Built Prior to 1978: No
  • Miscellaneous: W/D Hookups
Building Features
  • Construction Materials: Vinyl Siding
  • # of Buildings: 1.0
  • Building Sqft: 5782.0
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Has Cooling: Yes
Multi Family
Multi Family Information
  • Total Number Of Units: 6.0
  • Occupancy Rate: 100.00%
Income & Expenses
  • Gross Income: $66,300
Rental
Rent Information
  • Owner Pays: Trash Collection
  • 2 Bedroom: 2 Bedroom # of Units: 4.0
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $850.00
  • 3 Bedroom: 3 Bedroom # of Units: 2.0
  • 3 Bedroom: 3 Bedroom Month Rent Per Unit: $1,050.00
Tenant Information
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 868 South Spring Road

DateEvent & SourcePriceAppreciation
Mar 12, 2021

Sold

Columbus and Central Ohio Regional MLS #221003829

$711,500
Feb 12, 2021

Contract Signed

Columbus and Central Ohio Regional MLS #221003829

Feb 10, 2021

Listed (Active)

Columbus and Central Ohio Regional MLS #221003829

$699,900
DateEvent & SourcePrice
03/12/2021

Sold

Columbus and Central Ohio Regional MLS #221003829

$711,500
02/12/2021

Contract Signed

Columbus and Central Ohio Regional MLS #221003829

02/10/2021

Listed (Active)

Columbus and Central Ohio Regional MLS #221003829

$699,900

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

Schools near 868 South Spring Road

This home is within Westerville City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Pointview Elementary School
PublicK to 5

Genoa Middle School
Public6 to 8

Westerville-South High School
Public9 to 12

Hanby Building Elementary School
Public1 to 5

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 1st Place Realty

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