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
Overview
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.
Listing Details MLS# 217024817
Location Property Info
- Original List Price
- 1950000
- 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
- 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/SqFt
- 100.8
1 Bedroom
- 1 Bedroom # of Units
- 19
- 1 Bedroom Month Rent Per Unit
- 787
More Information
2 Bedroom
- 2 Bedroom # of Units
- 2
- 2 Bedroom Month Rent Per Unit
- 1268
Auction Info
- Auction/Online Bidding Y/N
- No
Location & Property Info
- List Price/SqFt
- 101.45
- City (Mailing Addr)
- Columbus
- Corp LimitPerAuditor
- Columbus
Office/Contract Info
- For Sale
- Yes
- Exchange
- No
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.
Income/Expenses
- Gross Income
- 210885
- Net Operating Income
- 122086
- Total Expenses
- 88799
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
Heat Fuel
- Gas
- Yes
Parking Features
- Attached Garage
- Yes
Services Available
- Electricity Available
- Yes
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Storm Sewer
- Yes
- Water Available
- Yes
Miscellaneous
- Basement
- Yes
- Garages
- Yes
- W/D Hookups
- Yes
Heating
- Radiant
- Yes
Air Conditioning
- Window Unit(s)
- Yes
Owner Pays
- Electric
- Yes
- Gas
- Yes
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 R Brown
Last Updated: January - 22 - 2025
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