1656 E Livingston Avenue, Columbus, OH 43205
$1,577,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
10,019
Status:
Closed
Current Price:
$1,577,000
List Date:
10/31/2024
Last Modified:
1/10/2025
Overview
Description
Livingston Flats - 11-unit MFH investment opportunity on the Near East Side of Columbus. 15-YEAR 100% TAX ABATEMENT (currently $7194.50/year). The building was renovated to the studs in 2021 (all new MEPS, roof, windows, etc), offering a turnkey investment opportunity. Unit mix - one 2BD/2BA, six 2BD/1BA, and four 1BD/1BA. Washer/dryer hook-up in unit & shared laundry room on-site. Resurfaced parking lot offers dedicated tenant parking. The building is fully leased, with in-place rent averaging ~$1115/month. Great proximity to Nationwide Children's Hospital, Capital University, Bexley, Olde Towne East, and downtown Columbus.
Listing Details MLS# 224038812
Location Property Info
- Original List Price
- 1750000
- Property Sub Type
- Flat
- Street #
- 1656
- Street PreDirection
- E
- Street Name
- Livingston
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43205
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2024-10-30
General Property Info
- Number of Units
- 11
- Building Sqft
- 8058
- Year Built
- 1958
- Built Prior to 1978
- Yes
- Occupancy Rate
- 90
- Acreage
- 0.23
Tax Info
- Parcel #
- 010-033385
- Tax Year
- 2023
- Tax Abatement
- Yes
- Abatement End Date
- 2037-12-31
- Taxes (Yrly)
- 7195
- Tax Incentive
- No
Status Change Info
- Under Contract Date
- 2025-01-03
- Sold Date
- 2025-01-10
- Sold Price/SqFt
- 195.71
1 Bedroom
- 1 Bedroom # of Units
- 4
- 1 Bedroom Month Rent Per Unit
- 1009
More Information
2 Bedroom
- 2 Bedroom # of Units
- 7
- 2 Bedroom Month Rent Per Unit
- 1170
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 207.87
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property Description
- Livingston Flats - 11-unit MFH investment opportunity on the Near East Side of Columbus. 15-YEAR 100% TAX ABATEMENT (currently $7194.50/year). The building was renovated to the studs in 2021 (all new MEPS, roof, windows, etc), offering a turnkey investment opportunity. Unit mix - one 2BD/2BA, six 2BD/1BA, and four 1BD/1BA. Washer/dryer hook-up in unit & shared laundry room on-site. Resurfaced parking lot offers dedicated tenant parking. The building is fully leased, with in-place rent averaging ~$1115/month. Great proximity to Nationwide Children's Hospital, Capital University, Bexley, Olde Towne East, and downtown Columbus.
Income/Expenses
- Gross Income
- 0
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Electric
- Yes
Parking Features
- On Street
- Yes
- Assigned
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Tenant Pays
- Electricity
- Yes
Heating
- Forced Air
- Yes
Air Conditioning
- Central Air
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
On Street; Assigned
Owner Pays:
Sewer; Trash; Water
Tenant Pays:
Electricity
Heat Fuel:
Electric
Heating:
Forced Air
Air Conditioning:
Central Air
Construction:
Brick
Sewer:
Public Sewer
Services Available:
Electricity Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Lim Realty Group
Listing Agent:
Jonathan Lorenz
Last Updated: January - 10 - 2025
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