47 Thurman Avenue, Columbus, OH 43206

$950,000
Property Type: Multi-Family Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $950,000 List Date: 3/11/2022 Last Modified: 2/21/2025

Overview

Description

Amazing opportunity to own a multi-unit in German Village! Located on the corner of Thurman and City Park, this is the first time the property has been on the market in over 40 years! Two buildings are situated on one parcel, a 2-unit with 2 beds/1 bath and a 4-unit with 1 bed/1 bath. Parcel has ample parking with 11 off-street spaces. Owner has kept up with the mechanicals and roof. Full basements with both interior and exterior entrances. Walking distance to many shops and restaurants! Please include verbiage in offer: ''All parties acknowledge that Member of the LLC, which is the Seller, is a licensed real estate agent in the state of Ohio.''

Listing Details MLS# 222007120

Location Property Info

Original List Price
1200000
Property Sub Type
Mixed Use
Street #
47
Street Name
Thurman
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43206
Subdiv/Cmplx/Comm
German Village
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2022-03-11

General Property Info

Number of Units
6
# of Buildings
2
Building Sqft
5538
Year Built
1920
Built Prior to 1978
Yes
Acreage
0.2

Tax Info

Parcel #
010-021320
Tax Year
2021
Tax Abatement
No
Taxes (Yrly)
13297

Status Change Info

Under Contract Date
2022-03-23
Sold Date
2022-04-29
Sold Price/SqFt
171.54

1 Bedroom

1 Bedroom # of Units
4

More Information

2 Bedroom

2 Bedroom # of Units
2

Financials

Gross Rental Income
76000

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
216.68
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
Yes

Remarks & Misc

Property Description
Amazing opportunity to own a multi-unit in German Village! Located on the corner of Thurman and City Park, this is the first time the property has been on the market in over 40 years! Two buildings are situated on one parcel, a 2-unit with 2 beds/1 bath and a 4-unit with 1 bed/1 bath. Parcel has ample parking with 11 off-street spaces. Owner has kept up with the mechanicals and roof. Full basements with both interior and exterior entrances. Walking distance to many shops and restaurants! Please include verbiage in offer: ''All parties acknowledge that Member of the LLC, which is the Seller, is a licensed real estate agent in the state of Ohio.''

Income/Expenses

Gross Income
76000
Net Operating Income
54230
Total Expenses
21770

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Gas
Yes

Sewer

Public Sewer
Yes

Services Available

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

Miscellaneous

Basement
Yes
W/D Hookups
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Heating

Forced Air
Yes

Air Conditioning

Central Air
Yes
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 Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air; Window Unit(s) Construction: Brick Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Miscellaneous: Basement; W/D Hookups MLS Primary PhotoSrc: Realtor Provided
Listing Office: RE/MAX Consultant Group
Listing Agent: Mara Ackermann
Last Updated: February - 21 - 2025
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