Address
4090 Cleveland Avenue, Columbus, OH
Price
$ 5,500,000
Property Attributes
  • MLS#222043169
  • TypePending
  • CountyFRANKLIN
  • CityColumbus
  • Zip43224
  • StyleTownhouse
  • Year Built1974
  • Taxes$ 48724
  • Price$ 5,500,000
  • Bedrooms140
  • Full Bathrooms70
  • Half Bathrooms0
  • Sqr Footage53133
  • Lot Size3.69 Acres
Data Source:
Columbus REALTORS®
Property Description

MORSE CREEK COMMONS APARTMENTS70 - 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. .

Price History
11/30/2022 Listed $5,600,000
1/3/2023 4% - $5,400,000
1/23/2023 2% - $5,300,000

General Features

Sewer Public Sewer
Construction Brick
Heating Forced Air
Status Pending
Year Built 1974
Tenant Pays Electricity,Sewer,Water
County Franklin
Miscellaneous W/D Hookups
Township None
Type Townhouse
Property Type C
Owner Pays Trash
Number of Units 70.00
Tax Year 2021
Tax District 010
New Financing Conventional
Days on Market 431
City Columbus
School District COLUMBUS CSD 2503 FRA CO.
Street Name Cleveland
Built Prior to 1978 Yes
Taxes (Yrly) 48724.00
Building Sqft 53133.00
Listing Member Name Thomas J Fortin

Interior Features

Air Conditioning Central
Heating Fuel Electric
Occupancy Rate 95
Street Suffix Avenue
List Price/SqFt 103.51

Exterior Features

Acreage 3.69

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 43224

Price
AVG $510K
$5.5M
Taxes
AVG $4,751
$48,724
Visits
AVG 161
285
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1974
Walkscore
AVG 47
59
Data Provided by Walkscore® not using MLS data

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