474 E Norwich Avenue, Columbus, OH 43201
$1,950,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
24,829
Status:
Closed
Current Price:
$1,950,000
List Date:
3/11/2022
Last Modified:
2/22/2025
Overview
Description
Recently updated 20 unit building located in the heart of OSU campus! Excellent rental history and property management can remain in place for 6%. 8 units are large 2 bedroom, 1 bath townhouses and 12 apartments are 1 bedroom, 1 bath. All 2 bedroom units updated with stainless steel appliances, vinyl flooring, new electric, and new plumbing, as well as 50% of the 1 bedrooms, and all new vinyl windows throughout. New central HVAC in all 2 bedroom units. Sub-metered for water, electric and gas! Shared washer/dryer in the building residents pay through an app.
**Curb offers only. Please do not disturb the residents**
Listing Details MLS# 222007006
Location Property Info
- Original List Price
- 2500000
- Property Sub Type
- Midrise
- Street #
- 474
- Street PreDirection
- E
- Street Name
- Norwich
- Street Suffix
- Avenue
- County
- Franklin
- State
- OH
- Zip Code
- 43201
- School District
- COLUMBUS CSD 2503 FRA CO.
- Township
- None
OfficeContract Info
- MLS Entry Date
- 2022-03-11
General Property Info
- Number of Units
- 20
- Building Sqft
- 12096
- Year Built
- 1956
- Built Prior to 1978
- Yes
- Occupancy Rate
- 100
- Acreage
- 0.57
Tax Info
- Parcel #
- 010-036824
- Tax Year
- 2021
- Tax Abatement
- No
- Taxes (Yrly)
- 18452
Status Change Info
- Under Contract Date
- 2022-06-15
- Sold Date
- 2022-09-22
- Sold Price/SqFt
- 161.21
1 Bedroom
- 1 Bedroom # of Units
- 12
More Information
2 Bedroom
- 2 Bedroom # of Units
- 8
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 165.34
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- Yes
Remarks & Misc
- Property Description
- Recently updated 20 unit building located in the heart of OSU campus! Excellent rental history and property management can remain in place for 6%. 8 units are large 2 bedroom, 1 bath townhouses and 12 apartments are 1 bedroom, 1 bath. All 2 bedroom units updated with stainless steel appliances, vinyl flooring, new electric, and new plumbing, as well as 50% of the 1 bedrooms, and all new vinyl windows throughout. New central HVAC in all 2 bedroom units. Sub-metered for water, electric and gas! Shared washer/dryer in the building residents pay through an app. **Curb offers only. Please do not disturb the residents**
Income/Expenses
- Gross Income
- 210365.58
- Net Operating Income
- 147146.93
- Total Expenses
- 64828.65
Addl Acceptance Cond
- None Known
- Yes
Parking Features
- Common
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Water Available
- Yes
Tenant Pays
- Water
- Yes
- Electricity
- Yes
New Financing
- Conventional
- Yes
Owner Pays
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
Property Features
Addl Acceptance Cond:
None Known
Parking Features:
Common
Owner Pays:
Water
Tenant Pays:
Electricity; Water
Sewer:
Public Sewer
Services Available:
Electricity Available; Natural Gas Available; Water Available
New Financing:
Conventional
MLS Primary PhotoSrc:
Realtor Provided
Listing Office:
Smart Move, Realtors
Listing Agent:
Jeffrey Sheu
Last Updated: February - 22 - 2025
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