1518 Waltham Road, Upper Arlington, OH 43221 (MLS# 222008169)

1518 Waltham Road, Upper Arlington, OH 43221

$1,100,000

Property Type: Multi-Family Lot Size (sq. ft.): 14,375 Status: Closed

Current Price: $1,100,000 List Date: 3/21/2022 Last Modified: 2/22/2025

Overview

Description

Stunning, lucrative, multifamily located South of Lane in the highly sought out area of Upper Arlington. 4 townhomes which most have been fully renovated. Each unit comes with its own assigned carport. Property is managed extremely well with high quality tenants and has the highest rents on the block. These units are extremely sought after and never last more than a few hours on the rental market. Newer roof, newer gutters, newer windows, electrical, AC, furnaces, kitchens, plumbing, bathrooms, and extensive carport maintenance has been done. This property runs on its own and has great cash flow, producing an attractive cap rate. Tenants pay for all utilities. Perfect for condo conversion. Agent owned. CURBSIDE OFFERS ONLY.

Listing Details MLS# 222008169

Location Property Info

Original List Price: 1200000
Property Sub Type: Townhouse
Street #: 1518
Street Name: Waltham
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43221
School District: UPPER ARLINGTON CSD 2512 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2022-03-21

General Property Info

Number of Units: 4
# of Buildings: Yes
Total Parking: 4
Building Sqft: 7008
Year Built: 1951
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 0.33

Tax Info

Parcel #: 070-003452
Tax Year: 2021
Tax Abatement: No
Taxes (Yrly): 14912

Status Change Info

Under Contract Date: 2022-04-22
Sold Date: 2022-04-29
Sold Price/SqFt: 156.96

2 Bedroom

2 Bedroom # of Units: 2

More Information

3 Bedroom

3 Bedroom # of Units: 2

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Trash Collection; Water Heat Fuel: Electric Heating: Forced Air Air Conditioning: Central Air Construction: Brick Sewer: Public Sewer Miscellaneous: Basement; Carports; W/D Hookups New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: OwnerLand Realty, Inc.

Listing Agent: Francis Beracha

Last Updated: February - 22 - 2025

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