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

Overview

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.

Listing Details MLS# 225003280

Location Property Info

Original List Price
1210000
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

MLS Entry Date
2025-02-04

General Property Info

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

Tax Info

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

Status Change Info

Under Contract Date
2025-04-05
Sold Date
2025-05-23
Sold Price/SqFt
157.1

2 Bedroom

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

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

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

Office/Contract Info

For Sale
Yes
Exchange
No

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.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Parking Features

Assigned
Yes

Sewer

Public Sewer
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Heating

Forced Air
Yes

Air Conditioning

Central Air
Yes

Owner Pays

Sewer
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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