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5274-5280 Portland St

4 Unit Block of Flats £638,280 (£159,570/Unit) Columbus, OH 43235

Investment Highlights

  • Rare 4 unit multifamily off Bethel Road
  • 100% occupied
  • Tremendous rental upside
  • Each unit is individually parceled and submetered
  • 2 bedrooms, 1.5 bathroom with enclosed patios

Executive Summary

Rare find off Bethel Road. 4 unit multifamily townhomes. Individually parceled and submetered. 100% occupied. 2 bedrooms, 1.5 bath with finished basements.
Curb offers only. Dont disturb tenants. Signifiant upside on rents.

Financial Summary (Pro forma - 2025)

Annual Annual Per SF
Gross Rental Income £51,701 £8.34
Other Income - -
Vacancy Loss - -
Effective Gross Income £51,701 £8.34
Taxes £1,390 £0.22
Operating Expenses £6,510 £1.05
Total Expenses £7,900 £1.27
Net Operating Income £43,800 £7.06

Financial Summary (Pro forma - 2025)

Gross Rental Income
Annual £51,701
Annual Per SF £8.34
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £51,701
Annual Per SF £8.34
Taxes
Annual £1,390
Annual Per SF £0.22
Operating Expenses
Annual £6,510
Annual Per SF £1.05
Total Expenses
Annual £7,900
Annual Per SF £1.27
Net Operating Income
Annual £43,800
Annual Per SF £7.06

Property Facts

Price £638,280 Building Class C
Price Per Unit £159,570 Lot Size 0.01 AC
Sale Type Investment Building Size 6,200 SF
No. Units 4 Average Occupancy 100%
Property Type Residential Number of Floors 2
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
 Year Built/Renovated 1978/2021
Apartment Style Townhome Parking Ratio 0.65/1,000 SF
Price £638,280
Price Per Unit £159,570
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
Apartment Style Townhome
Building Class C
Lot Size 0.01 AC
Building Size 6,200 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1978/2021
Parking Ratio 0.65/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1.5 1 £857.69 1,056
2+1.5 1 £1,037 1,056
2+1.5 1 £1,037 1,056
2+1.5 1 £797.85 1,056
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Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
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Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(614) 477-3133

Contact

  • Listing ID: 34284590

  • Date on Market: 24/12/2024

  • Last Updated:

  • Address: 5274-5280 Portland St, Columbus, OH 43235

The Residential Property at 5274-5280 Portland St, Columbus, OH 43235 is currently available for sale. Contact Keller Williams Consultants Realty for more information.

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5274-5280 Portland St
(614) 477-3133 x

5274-5280 Portland St

Fadi Suleiman

(614) 477-3133

(614) 477-3133

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