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300 Wilson Avenue #298 Columbus, OH 43205
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Coming Soon
Purchase Type For Sale
Subdivision Olde Towne East/Franklin Park
MLS Listing ID 226034614
Year Built 1900
Annual Tax Amount $1,596
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
100% tax abatement. Cash flow from day one in this truly turnkey, full-brick 4-unit generating $90,364 in annual income, with built-in annual rent increases supporting future growth without the need for lease-up or a future value-add. Operating expenses and maintenance remain exceptionally low thanks to the full gut renovation completed in 2019 with all new mechanicals, roof, windows, plumbing and electrical, and meticulous ownership thereafter leaving the next owner with no known deferred maintenance. Beginning in 2023, two corporate tenant-operated short-term rental units have been responsible for their own routine maintenance under their leases, helping make the property easy to self-manage while further reducing operating expenses. Each 2BR/2BA unit spans nearly 1,500 SF across two levels, with one bedroom and one full bath per floor plus separate exterior access- an ideal roommate layout. High-end finishes include Scandinavian-inspired design, Amish-built custom cabinetry, chic lighting, deluxe appliance packages and in-unit washer/dryers. Welcoming front porches and dedicated off-street parking complete the property. One furnished unit is currently month-to-month, offering flexibility for a buyer to owner-occupy/house hack. Convenient to Nationwide Children's Hospital, Downtown Columbus, John Glenn Airport, Franklin Park Conservatory, East Market and Olde Towne East. Rent: 298 A: $1825, 298 B: $1,938, 300 A: $1,829, 300 B: $1,938.00. Expenses include taxes, insurance & water, property is self managed.
Location
State OH
County Franklin
Community Olde Towne East/Franklin Park
Area 0.09
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-006972
Acceptable Financing Other, Conventional
Listing Terms Other, Conventional
Listed by Elisa M Lowe Keller Williams Consultants
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