Courtesy of Thomas Fortin - Thomas Fortin & Company LLC.

4090 Cleveland Avenue

Columbus, OH, 43224

$5,500,000

$5,500,000
Active
Active
 - For Sale
property_type
Townhouse
calendar
Built 1974
MORSE CREEK COMMONS APARTMENTS 70 - 2BRTH in North Columbus. All brick exteriors. Spacious interiors. High rental demand. High visibiity. Long time Owner/Manager getting ready to retire. There are long term tenant who are paying below market rentals. Average rent today is only $690. New residents will pay $795. Neighborhood average rent is $1095. This property does need cosmetic and other improvements but such remodeling will yield higher income. See Documents attached. . High demand spacious floor plans. Plenty of off street parking.. Lots of potential for smart operators. Please do not disturb residents. Contingent curb offerings only. Thank you. .
MLS® ID:
222043169
Listed:
11/28/22
Updated:
4/1/23
Coldwell Banker Global Luxury®
Felicia Hence

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central

Exterior/Building Features

Lot Size
3.69 acres lot
Sewer
Public Sewer

School Information

High School
COLUMBUS CSD 2503 FRA CO.

Other Property Details

Taxes
$48724
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Franklin
Utilities
Storm Sewer, Electric, Sanitary Sewer, Water
Pool
No
Buyer Agency Compensation
2.00

Property History

Date
Event
Price
Value
12/5/22
Active Under Contract
-
-
12/20/22
Active
-
-
1/3/23
Price Change
$5,400,000
-3%
1/25/23
Price Change
$5,300,000
-1%
3/7/23
Price Change
$5,500,000
103%

 

Courtesy of Thomas Fortin - Thomas Fortin & Company LLC. 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Felicia Hence shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2023 by Columbus and Central Ohio Regional MLS. All rights reserved.

Coldwell Banker Global Luxury®
Felicia Hence
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