1871 N 4th Street, Columbus, OH 43201
$1,550,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,970
Status:
Closed
Current Price:
$1,550,000
List Date:
2/10/2023
Last Modified:
2/26/2025
Description
This OSU off-campus student housing property offers 10 units/30 beds with an outstanding mix of two-, three- and four-bedroom flats. The two-story building was constructed in 1973 on two parcels, located on the corner of N. Fourth St. & E. 17th Avenue. In 2014 the property received many updates including new kitchens with stainless steel appliances, renovated bathrooms, new flooring throughout, new light fixtures and new hot water tanks and furnaces. Exterior improvements include new vinyl windows, new modern metal stairs, railings, wood decking and updated landscaping. Amenities include in-unit laundry, central A/C, plus 8 covered and 8 off-street parking spots. Tenants pay electric and gas directly and reimburse landlord for water.
Supplements: ********
More Information MLS# 222042300
Location & Property Info
List Price/SqFt: 157.98
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
Active on MLS: 2022-11-21
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 10128
Use Code: 401 - APARTMENT:4-19 UNITS
Number of Units: 10
Year Built: 1973
Acreage: 0.16
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 010-055225-00
Tax Abatement: No
Taxes (Yrly): 19623
Parcel #: 010-033345
Tax Year: 2021
Remarks & Misc
Property Description: This OSU off-campus student housing property offers 10 units/30 beds with an outstanding mix of two-, three- and four-bedroom flats. The two-story building was constructed in 1973 on two parcels, located on the corner of N. Fourth St. & E. 17th Avenue. In 2014 the property received many updates including new kitchens with stainless steel appliances, renovated bathrooms, new flooring throughout, new light fixtures and new hot water tanks and furnaces. Exterior improvements include new vinyl windows, new modern metal stairs, railings, wood decking and updated landscaping. Amenities include in-unit laundry, central A/C, plus 8 covered and 8 off-street parking spots. Tenants pay electric and gas directly and reimburse landlord for water.
Status Change Info
Sold Price/SqFt: 153.04
Under Contract Date: 2023-03-08
Sold Date: 2023-03-14
Sold Price: $1,550,000
Income/Expenses
Gross Income: 162440
Net Operating Income: 104288
Total Expenses: 58152
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 4
Construction
Frame: 1
Stucco: 1
3 Bedroom
3 Bedroom # of Units: 2
Heat Fuel
Gas: 1
Sewer
Public Sewer: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Other
Other # of Units: 4
Miscellaneous
Carports: 1
W/D Hookups: 1
Tenant Pays
Gas: 1
Sewer: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
Air Conditioning
Central Air: 1
Owner Pays
Trash: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1600000
Sold Price: $1,550,000
Property Sub Type: Flat
Street #: 1871
Street PreDirection: N
Street Name: 4th
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2022-11-14
Property Features
Addl Acceptance Cond: None Known
Owner Pays: Trash
Tenant Pays: Electricity; Gas; Sewer; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Frame; Stucco
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Carports; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Documents
Lead Based Paint Disclosure ›Listing Office: Brown Multifamily Advisors,LLC
Listing Agent: Matthew Brown
Last Updated: February - 26 - 2025
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