370-376 E Northwood Avenue, Columbus, OH 43201

$1,150,000
Property Type: Multi-Family Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,150,000 List Date: 2/04/2025 Last Modified: 5/23/2025

Description

Welcome to Northwood Apartments! 370 & 376 E Northwood Avenue are located in the highly desirable Old North neighborhood just North of Ohio State University and near Downtown. Six out of the eight units have recently been updated featuring refreshed flooring, paint, lighting fixtures, and more. Three units are currently rented below-market: 376A is rented at $1,000/month with a $90/month water fee through 6/30/2025, 376B at $1,000/month with a $85/month water fee through 7/7/2025, and 376C at $1,225/month with a $85/month water fee through 4/30/2025. The remaining five units are vacant, turned, and ready to be rented at the full $1,250-$1,350 market rent. Tenants pay for gas and electric. There is a large parking pad in the back of the buildings. Central AC in all units.

Supplements: ********

More Information MLS# 225003280

Location & Property Info

List Price/SqFt: 165.3 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 7320 Number of Units: 8 Year Built: 1972 Acreage: 0.12

Tax Info

Tax Abatement: No Taxes (Yrly): 29344.56 Tax Incentive: No Parcel #: 010-034825 Tax Year: 2023

Remarks & Misc

Property Description: Welcome to Northwood Apartments! 370 & 376 E Northwood Avenue are located in the highly desirable Old North neighborhood just North of Ohio State University and near Downtown. Six out of the eight units have recently been updated featuring refreshed flooring, paint, lighting fixtures, and more. Three units are currently rented below-market: 376A is rented at $1,000/month with a $90/month water fee through 6/30/2025, 376B at $1,000/month with a $85/month water fee through 7/7/2025, and 376C at $1,225/month with a $85/month water fee through 4/30/2025. The remaining five units are vacant, turned, and ready to be rented at the full $1,250-$1,350 market rent. Tenants pay for gas and electric. There is a large parking pad in the back of the buildings. Central AC in all units.

Status Change Info

Sold Price/SqFt: 157.1 Under Contract Date: 2025-04-05 Sold Date: 2025-05-23 Sold Price: $1,150,000

Income/Expenses

Gross Income: 0 Net Operating Income: 0 Total Expenses: 0

Addl Acceptance Cond

None Known: 1

2 Bedroom

2 Bedroom # of Units: 8 2 Bedroom Month Rent Per Unit: 1225

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

Assigned: 1

Sewer

Public Sewer: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

Air Conditioning

Central Air: 1

Owner Pays

Sewer: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1210000 Sold Price: $1,150,000 Property Sub Type: Mixed Use Street #: 370-376 Street PreDirection: E Street Name: Northwood Street Suffix: Avenue County: Franklin State: OH Zip Code: 43201 School District: COLUMBUS CSD 2503 FRA CO. Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2025-02-04

Property Features

Addl Acceptance Cond: None Known Parking Features: Assigned Owner Pays: Sewer; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Sewer: Public Sewer MLS Primary PhotoSrc: Realtor Provided
Listing Office: Verti Commercial Real Estate L
Listing Agent: Zeke Liston
Last Updated: May - 23 - 2025
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