60-66 E 7th Avenue, Columbus, OH 43201
$2,750,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
5,663
Status:
Closed
Current Price:
$2,750,000
List Date:
3/11/2019
Last Modified:
1/31/2025
Description
15 unit asset with a taste of the OSU South Campus Area and the Short North area of Columbus. Every unit has undergone a stunning renovation. Urban location with excellent Tenants. Adjacent to retail, an affluent neighborhood, and close proximity to I-71. Ample parking and good visibility. Other great features: Low maintenance, impressive finishes & professionally managed. Provides a great return and is easy to manage. Attractive Non Recourse assumable financing in place. Buyer is responsible for 1% assumption fee or Seller's prepayment penalty in the event they do not wish to assume the financing.
Supplements: ********
More Information MLS# 219006881
Location & Property Info
List Price/SqFt: 203.2
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: Yes
General Property Info
# of Buildings: 2
Built Prior to 1978: Yes
Building Sqft: 14764
Number of Units: 15
Year Built: 1971
Acreage: 0.13
Tax Info
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: 010-055850-00, 010-046808-00
Tax Abatement: No
Taxes (Yrly): 10078
Parcel #: 010-039365
Tax Year: 2017
Remarks & Misc
Property Description: 15 unit asset with a taste of the OSU South Campus Area and the Short North area of Columbus. Every unit has undergone a stunning renovation. Urban location with excellent Tenants. Adjacent to retail, an affluent neighborhood, and close proximity to I-71. Ample parking and good visibility. Other great features: Low maintenance, impressive finishes & professionally managed. Provides a great return and is easy to manage. Attractive Non Recourse assumable financing in place. Buyer is responsible for 1% assumption fee or Seller's prepayment penalty in the event they do not wish to assume the financing.
Status Change Info
Sold Price/SqFt: 186.26
Under Contract Date: 2019-08-28
Sold Date: 2020-01-15
Sold Price: $2,750,000
Income/Expenses
Gross Income: 312000
Net Operating Income: 253981
Total Expenses: 55539
Addl Acceptance Cond
None Known: 1
2 Bedroom
2 Bedroom # of Units: 3
Construction
Stucco: 1
3 Bedroom
3 Bedroom # of Units: 12
Heat Fuel
Gas: 1
Parking Features
Common: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Water Available: 1
Tenant Pays
Gas: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Assumable: 1
Air Conditioning
Central Air: 1
Owner Pays
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 3000000
Sold Price: $2,750,000
Property Sub Type: Midrise
Street #: 60-66
Street PreDirection: E
Street Name: 7th
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
Subdiv/Cmplx/Comm: OSU Campus Area
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2019-03-11
Property Features
Addl Acceptance Cond: None Known
Parking Features: Common
Owner Pays: Water
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central Air
Construction: Stucco
Services Available: Electricity Available; Natural Gas Available; Water Available
New Financing: Assumable
MLS Primary PhotoSrc: Realtor Provided
Documents
Marketing Package ›
Listing Office:
Northsteppe Realty
Listing Agent:
Michael L Linsker
Last Updated: January - 31 - 2025
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