60 E Norwich Avenue, Columbus, OH 43201
$1,937,500
Property Type:
Multi-Family
Lot Size (sq. ft.):
15,246
Status:
Closed
Current Price:
$1,937,500
List Date:
8/07/2017
Last Modified:
1/22/2025
Description
OSU off-campus student investment property containing 19 - 1 BD / 1 BA and 2 - 2 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens, hardwood floors, ceiling fans and interior/exterior electronic locks. The building offers free on-site laundry, attached parking garage, extensive security lighting and immense historical character. The property is 100% pre-leased for the 2017-18 academic year with total annual rental income of $211,080. All utilities included in rent.
Supplements: ********
More Information MLS# 217024817
Location & Property Info
List Price/SqFt: 101.45
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 19221
Number of Units: 21
Year Built: 1930
Acreage: 0.35
Tax Info
Tax Abatement: No
Taxes (Yrly): 22692
Parcel #: 010-006063
Tax Year: 2016
Remarks & Misc
Property Description: OSU off-campus student investment property containing 19 - 1 BD / 1 BA and 2 - 2 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens, hardwood floors, ceiling fans and interior/exterior electronic locks. The building offers free on-site laundry, attached parking garage, extensive security lighting and immense historical character. The property is 100% pre-leased for the 2017-18 academic year with total annual rental income of $211,080. All utilities included in rent.
Status Change Info
Sold Price/SqFt: 100.8
Under Contract Date: 2017-09-20
Sold Date: 2017-11-21
Sold Price: $1,937,500
Income/Expenses
Gross Income: 210885
Net Operating Income: 122086
Total Expenses: 88799
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 19
1 Bedroom Month Rent Per Unit: 787
2 Bedroom
2 Bedroom # of Units: 2
2 Bedroom Month Rent Per Unit: 1268
Construction
Brick: 1
Heat Fuel
Gas: 1
Parking Features
Attached Garage: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Storm Sewer: 1
Water Available: 1
Miscellaneous
Basement: 1
Garages: 1
W/D Hookups: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Radiant: 1
Air Conditioning
Window Unit(s): 1
Owner Pays
Electric: 1
Gas: 1
Sewer: 1
Trash: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1950000
Sold Price: $1,937,500
Property Sub Type: Flat
Street #: 60
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
Status: Closed
MLS Entry Date: 2017-07-11
Property Features
Addl Acceptance Cond: None Known
Parking Features: Attached Garage
Owner Pays: Electric; Gas; Sewer; Trash; Water
Heat Fuel: Gas
Heating: Radiant
Air Conditioning: Window Unit(s)
Construction: Brick
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Miscellaneous: Basement; Garages; W/D Hookups
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Brown Multifamily Advisors,LLC
Listing Agent: Matthew Brown
Last Updated: January - 22 - 2025
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