For Sale

$1,680,000

4468 Reinbeau Dr, Columbus, OH 43232

-Bed
-Bath
-SqFt

-Bed
-Bath
-SqFt

Property Type
Condo
Year Built
1973
On highrises
461 Days

Property Details

Cardinal Built ...24 Apartments..Ranch Style. Private Entries. Patios..High Rental Demand...Great Design. Low maintenance interiors. This was the first community built by Cardinal Industries 24 - 1BR - 1 bath 576 sf Avg Rent $675 The Seller also owns the 17 additional apartments across the street. The Buyer can purchase as a 24 unit apartment community or as a 41 unit apartment community. The price for the entire 41 unit community is $2,595,000. Plenty of paved parking. Near all conveniences. Plenty of upside potential for additional income Please do not disturb residents. No owner financing. Contingent curbside offers only. Thank you

Property Features

Bathrooms

Total Bathrooms: 0

Heating and Cooling

Heating Features: Forced Air, Oil
Heating: Yes

Land Info

Additional Parcels Description: 180-000419,180-004905
Additional Parcels: Yes
Lot Size Acres: 1.28
Lot Size Square Feet: 55757

Rental Info

Gross Income: 194400

Multi-Unit Info

Number of Units: 24

School Information

High School District: GROVEPORT MADISON LSD 2507 FRA CO.
School District: GROVEPORT MADISON LSD 2507 FRA CO.

Other Property Info

Standard
Annual Tax Amount: 18801
Source Listing Status: Active
County: Franklin
Cross Street: Hamilton
Tax Year: 2023
Source Property Type: Multi-Family
Parcel Number: 180-003932
Township: Madison
Property Subtype: Apartment

Commercial Info

Net Operating Income: 126360
Operating Expense: 68040

Building and Construction

Year Built: 1973
Property Age: 52

Utilities

Sewer: Public Sewer
Water Available
Sewer Available
Electricity Available
Storm Sewer

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
07/10/2024	Listed	$1,680,000	$119	ColumbusCORMLS
01/05/1993	Sold	$440,400	$127	Public Record
03/01/1983	Sold	$124,508	$36	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2024	$9,424	$29,365	+	$107,940	=	$137,305
2023	$9,383	$29,365	+	$107,940	=	$137,305
2022	$9,273	$20,335	+	$99,085	=	$119,420
2021	$9,422	$20,335	+	$99,085	=	$119,420
2020	$9,378	$20,335	+	$99,085	=	$119,420
2019	$8,548	$16,940	+	$82,565	=	$99,505
2017	$8,550	$16,940	+	$82,565	=	$99,505

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
5976 Abernathy Ln	$299.5K	3	3	1772	1772
5960 Abernathy Ln	$310.9K	3	3	1772	1772
5962 Abernathy Ln	$306.5K	3	3	1772	1772
5970 Abernathy Ln	$303.3K	3	3	1772	1772
5978 Abernathy Ln	$314.3K	3	3	1772	1772
3298 Joshstock Dr	$309.3K	3	3	1823	1823

Presented by:
Thomas Fortin
state license#2007003846

Brokered by:
Thomas Fortin & Company Llc.
(614) 348-7876

Broker Location:

WESTERVILLE

Data Source:

ColumbusCORMLS

Source's Property ID:

224023621

Data Source Copyright:

$1,680,000

4468 Reinbeau Dr, Columbus, OH 43232