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5681 Cypress G48 Columbus, OH 43228
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Key Details
Sold Price $10,000
Property Type Single Family Home
Sub Type Other Residential without Deeded Land
Listing Status Sold
Purchase Type For Sale
Square Footage 231 sqft
Price per Sqft $43
Subdivision Hawthorne Lakes
MLS Listing ID 224029879
Sold Date 09/16/24
Style 1 Story
HOA Fees $11
HOA Y/N Yes
Year Built 1999
Annual Tax Amount $168
Tax Year 2023
Lot Size 435 Sqft
Property Description
Hawthorne Lakes condominium complex 1-car garage unit. Garage units in this complex are deeded separately from residential units. Owners are responsible for the interior and the condo association is responsible for the exterior. Manual garage doors and no interior electric. Owners/renters of the garage units are not required to be owners/renters of a residential unit in the community. These units are a great budget alternative to a traditional storage facility and could be an excellent investment with low entry, overhead, and maintenance costs. If rented for $100/month, investors could achieve a cap rate of over 8%. Currently rented month to month at $75/month. Expenses include an $11/month condo fee, and yearly taxes of $167.90. Units G21, and G22 also available.
Location
State OH
County Franklin
Exterior
Garage 1 Car Garage
Garage Spaces 1.0
Building
New Construction No
Schools
School District Columbus Csd 2503 Fra Co.
Others
Financing Conventional
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Bought with Jessica A Trembly • Trembly Realty
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