86 W 8th Avenue, Columbus, OH 43201
$1,212,750
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,098
Status:
Closed
Current Price:
$1,212,750
List Date:
8/26/2024
Last Modified:
10/09/2024
Description
4 Unit OSU Campus turn-key investment property featuring 4 bedrooms, in-unit laundry, off street resident parking, and walkable to everything OSU Campus has to offer. This building is sub-metered for electric and gas, fully renovated in 2018, and has a strong rental history with opportunity for upside. To be sold as package with 87-93 W 9th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A
Supplements: ********
More Information MLS# 224030019
Location & Property Info
List Price/SqFt: 169.1
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Occupancy Rate: 100
Built Prior to 1978: No
Building Sqft: 7392
Number of Units: 4
Year Built: 1989
Acreage: 0.14
Tax Info
Tax Abatement: No
Taxes (Yrly): 22463
Parcel #: 010-017974
Tax Year: 2023
Remarks & Misc
Property Description: 4 Unit OSU Campus turn-key investment property featuring 4 bedrooms, in-unit laundry, off street resident parking, and walkable to everything OSU Campus has to offer. This building is sub-metered for electric and gas, fully renovated in 2018, and has a strong rental history with opportunity for upside. To be sold as package with 87-93 W 9th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A
Status Change Info
Sold Price/SqFt: 164.06
Under Contract Date: 2024-08-26
Sold Date: 2024-10-08
Sold Price: $1,212,750
Income/Expenses
Gross Income: 149917.25
Net Operating Income: 101451.54
Total Expenses: 48465.71
Addl Acceptance Cond
None Known: 1
Parking Features
Common: 1
Services Available
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Other
Other # of Units: 4
Tenant Pays
Gas: 1
Water: 1
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
New Financing
Conventional: 1
Owner Pays
Sewer: 1
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 1250000
Sold Price: $1,212,750
Property Sub Type: Mixed Use
Street #: 86
Street PreDirection: W
Street Name: 8th
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: 2024-08-26
Property Features
Addl Acceptance Cond: None Known
Parking Features: Common
Owner Pays: Sewer; Water
Tenant Pays: Electricity; Gas; Water
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Red 1 Realty
Listing Agent:
Roxy Ponce
Last Updated: October - 09 - 2024
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