82-84 Chittenden Avenue, Columbus, OH 43201
$1,599,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$1,599,000
List Date:
3/14/2025
Last Modified:
7/31/2025
Description
8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A.
See A2A remarks.
Supplements: ********
More Information MLS# 225007755
Location Property Info
Original List Price: 1700000
List Price: $1,599,000
Property Sub Type: Mixed Use
Street #: 82-84
Street Name: Chittenden
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: Franklin
OfficeContract Info
Status: Active
MLS Entry Date: 2025-03-13
General Property Info
Number of Units: 8
Building Sqft: 3948
Year Built: 1900
Built Prior to 1978: Yes
Acreage: 0.14
Tax Info
Parcel #: 010-039685-00
Tax Abatement: No
1 Bedroom
1 Bedroom # of Units: 15
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Electric
Heating: Hot Water
Air Conditioning: Central Air
Sewer: Public Sewer
MLS Primary PhotoSrc: Realtor Provided
Listing Office: Roby Realty
Listing Agent: Luana Antoniuk
Last Updated: July - 31 - 2025
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