58-64 W 3rd Avenue, Columbus, OH 43201
$1,600,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$1,600,000
List Date:
4/27/2020
Last Modified:
2/07/2025
Description
Amazing Value-add Investment Opportunity. 12 Units. Perfect Location to High Street. The Core of the Short North. Walk to Chipotle! 3 units are used as furnished short-term rentals with management in place. 6 units have been extensively renovated. Great Bones with 11ft ceilings! 12 spot parking pad in the back could be monetized. On-site Coin Laundry in Basement. Very easy to rent due to location. Seller Financing available.
Before Covid, the total monthly cashflow was between $15,000-$19,000 depending on occupancy. Short term rentals occupancy still above 85% during the epidemic
Supplements: ********
More Information MLS# 220012634
Location Property Info
Original List Price: 1575000
Sold Price: $1,600,000
Property Sub Type: Mixed Use
Street #: 58-64
Street PreDirection: W
Street Name: 3rd
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: 2020-04-21
General Property Info
Number of Units: 12
Building Sqft: 14312
Year Built: 1940
Built Prior to 1978: Yes
Acreage: 0.22
Tax Info
Parcel #: 010-045408
Tax Year: 2019
Tax Abatement: No
Taxes (Yrly): 16027
Status Change Info
Under Contract Date: 2020-05-10
Sold Date: 2020-07-01
Sold Price: $1,600,000
Sold Price/SqFt: 111.79
1 Bedroom
1 Bedroom # of Units: 9
2 Bedroom
2 Bedroom # of Units: 1
3 Bedroom
3 Bedroom # of Units: 2
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: N
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
Owner Pays: Electric; Gas; Sewer; Trash; Water
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air; Window Unit(s)
Construction: Brick
Services Available: Electricity Available; Natural Gas Available; Water Available
Miscellaneous: Basement; Fireplace; W/D Hookups
Alternate Uses: Commercial; Residential
New Financing: Owner Financing
MLS Primary PhotoSrc: Realtor Provided
Documents
List of Improvements ›
PnL ›Listing Office: List
Listing Agent: Carson Thrush
Last Updated: February - 07 - 2025
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