Elegant Red is a free 3 columns WordPress theme. Elegant Read comes with admin option where you can change lot of options.
Elegant Red has lot of options like Twitter, Facebook, RSS links, Newsletter Signup form, 125×125 ads option, 3 columns and much more.
Layout (Table based / CSS based): CSS based
No. of Columns: 3
License: Free with footer link intact
Sidebar (left/right): Right
Fixed width / Fluid width: Fixed
Plugins required: No
Widget ready: Yes
125×125 Ad space in sidebar