100 N Garfield Avenue, Columbus, OH 43203

$1,100,000
Property Type: Multi-Family Lot Size (sq. ft.): 13,939 Status: Closed
Current Price: $1,100,000 List Date: 10/03/2023 Last Modified: 3/03/2025

Overview

Description

Attention Investors! On the market for the very first time is a 16 unit multi-family in the heart of King-Lincoln/Bronzeville. Located directly across from the Lincoln Theatre and catty-corner from the bustling Adelfi Quarter. All units are 1 bed/1 bath with rents currently below market. All units are fully occupied with 14/16 leases month-to-month, and 2/16 leases annual. Estimated 2023 rental income is $76,200. Curb offers only, do not disturb tenants. Listing Agent is related to sellers

Listing Details MLS# 223032346

Location Property Info

Original List Price
1400000
Property Sub Type
Midrise
Street #
100
Street PreDirection
N
Street Name
Garfield
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43203
Subdiv/Cmplx/Comm
King-Lincoln/Bronzeville
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2023-10-02

General Property Info

Number of Units
16
# of Buildings
Yes
Total Parking
10
Building Sqft
8762
Year Built
1966
Built Prior to 1978
Yes
Occupancy Rate
100
Acreage
0.32

Tax Info

Parcel #
010-051792
Tax Year
2022
Tax Abatement
No
Taxes (Yrly)
8735

Status Change Info

Under Contract Date
2023-10-06
Sold Date
2023-12-08
Sold Price/SqFt
125.54

1 Bedroom

1 Bedroom # of Units
16

More Information

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
159.78
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

Active on MLS
2023-10-03
For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Attention Investors! On the market for the very first time is a 16 unit multi-family in the heart of King-Lincoln/Bronzeville. Located directly across from the Lincoln Theatre and catty-corner from the bustling Adelfi Quarter. All units are 1 bed/1 bath with rents currently below market. All units are fully occupied with 14/16 leases month-to-month, and 2/16 leases annual. Estimated 2023 rental income is $76,200. Curb offers only, do not disturb tenants. Listing Agent is related to sellers

Income/Expenses

Gross Income
76200
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Parking Features

Common
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Heating

Forced Air
Yes

Air Conditioning

Window Unit(s)
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: Common Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heating: Forced Air Air Conditioning: Window Unit(s) Construction: Brick Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Consultants
Listing Agent: Michael Timothy Liggett
Last Updated: March - 03 - 2025
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