79 E Arcadia Avenue, 93, Columbus, OH 43202

$1,261,000
Property Type: Multi-Family Lot Size (sq. ft.): 12,632 Status: Closed
Current Price: $1,261,000 List Date: 2/23/2021 Last Modified: 2/11/2025

Overview

Description

Really awesome all brick 8 unit in great North Campus/South Clintonville location close to High Street and OSU, great access to I-71 and SR 315. Lots of updates in this building in the last year. Six units have had nice updates including baths, kitchens, floors, walls, fixtures, exterior front terrace railings and more. This was purchased for long term hold by current owners and their business plans have changed which is the only reason for selling. Fantastic long term hold for your portfolio. Unit 79 remodel just finished.Only 2 units in original but solid condition. All new windows on order and will be installed prior to closing.

Listing Details MLS# 220041218

Location Property Info

Original List Price
1300000
Property Sub Type
Townhouse
Street #
79
Street PreDirection
E
Street Name
Arcadia
Street Suffix
Avenue
Unit/Suite #
93
County
Franklin
State
OH
Zip Code
43202
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2020-11-23

General Property Info

Number of Units
8
# of Buildings
Yes
Total Parking
8
Building Sqft
7224
Year Built
1920
Built Prior to 1978
Yes
Acreage
0.29

Tax Info

Parcel #
010-041402
Zoning
RES
Tax Year
2019
Tax Abatement
No
Taxes (Yrly)
28169
Tax Incentive
No

Status Change Info

Under Contract Date
2021-04-12
Sold Date
2021-04-12
Sold Price/SqFt
174.56

2 Bedroom

2 Bedroom # of Units
8
2 Bedroom Month Rent Per Unit
1175

More Information

Auction Info

Auction/Online Bidding Y/N
No

Sale Info

Seller Assisted Fin
N
Seller/Buyer Concessions
N

Location & Property Info

List Price/SqFt
179.96
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
Really awesome all brick 8 unit in great North Campus/South Clintonville location close to High Street and OSU, great access to I-71 and SR 315. Lots of updates in this building in the last year. Six units have had nice updates including baths, kitchens, floors, walls, fixtures, exterior front terrace railings and more. This was purchased for long term hold by current owners and their business plans have changed which is the only reason for selling. Fantastic long term hold for your portfolio. Unit 79 remodel just finished.Only 2 units in original but solid condition. All new windows on order and will be installed prior to closing.

Income/Expenses

Gross Income
111540
Net Operating Income
69246
Total Expenses
42294

Addl Acceptance Cond

None Known
Yes

Construction

Brick
Yes

Heat Fuel

Electric
Yes
Gas
Yes

Tenant Pays

Gas
Yes
Sewer
Yes
Water
Yes
Electricity
Yes

Heating

Forced Air
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Electric; Gas Heating: Forced Air Construction: Brick MLS Primary PhotoSrc: Realtor Provided
Listing Office: New Albany Realty, LTD
Listing Agent: Mark B Neff
Last Updated: February - 11 - 2025
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