87 W 9th 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

Overview

Description

4 Unit OSU Campus turn key investment property featuring large 5 bedroom spacious units, 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 86 W 8th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A

Listing Details MLS# 224030023

Location Property Info

Original List Price
1250000
Property Sub Type
Mixed Use
Street #
87
Street PreDirection
W
Street Name
9th
Street Suffix
Avenue
County
Franklin
State
OH
Zip Code
43201
School District
COLUMBUS CSD 2503 FRA CO.
Township
None

OfficeContract Info

MLS Entry Date
2024-08-26

General Property Info

Number of Units
4
Building Sqft
6382
Year Built
1988
Built Prior to 1978
No
Occupancy Rate
100
Acreage
0.14

Tax Info

Parcel #
010-056317
Tax Year
2023
Tax Abatement
No
Taxes (Yrly)
19857

Status Change Info

Under Contract Date
2024-08-26
Sold Date
2024-10-08
Sold Price/SqFt
190.03

Other

Other # of Units
4

More Information

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
195.86
City (Mailing Addr)
Columbus
Corp LimitPerAuditor
Columbus

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
4 Unit OSU Campus turn key investment property featuring large 5 bedroom spacious units, 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 86 W 8th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A

Income/Expenses

Gross Income
156532.88
Net Operating Income
108810.34
Total Expenses
47722.54

Addl Acceptance Cond

None Known
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Water Available
Yes

Miscellaneous

Fireplace
Yes
W/D Hookups
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

New Financing

Conventional
Yes

Owner Pays

Sewer
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Water Tenant Pays: Electricity; Gas Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Water Available Miscellaneous: Fireplace; W/D Hookups 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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