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

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

General Property Info

Number of Units: 21 Building Sqft: 19221 Year Built: 1930 Built Prior to 1978: Yes Acreage: 0.35

Tax Info

Parcel #: 010-006063 Tax Year: 2016 Tax Abatement: No Taxes (Yrly): 22692

Status Change Info

Under Contract Date: 2017-09-20 Sold Date: 2017-11-21 Sold Price: $1,937,500 Sold Price/SqFt: 100.8

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

Auction Info

Auction/Online Bidding Y/N: No

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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