NOT LISTED FOR SALE
4 Beds
-- Bath
10,681 Sq Ft
8,276 Sq Ft Lot

Last Sold September 22, 2017

Last sale price $1,045,000 $98 Per Sq Ft

42 Days on Market

About This Home

As of September 2017

OSU off-campus student investment property containing 4 - 3 BD / 1.5 BA and 1 - 4 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens and baths, hardwood floors, thermal pane windows, central A/C, recessed lighting and electronic locks. The property is 100% pre-leased for 2017-18 academic year with a total annual income is $109,440. Tenants pay all utilities. Can be purchased individually or part of an off-campus portfolio that includes 307 E. 15th, 1608 Summit and 1662 Summit.

Last Agent to Sell the Property

Matthew Brown

Brown Multifamily Advisors,LLC License #2016006143 Listed on: 07/14/2017

Last Buyer's Agent

David Blakemore

RE/MAX Premier Choice License #2008001994

RE/MAX Premier Choice

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $18,937

Year Built

  • Built in 1923

Lot Details

  • 8,276

Parking

  • Off-Street Parking: 1

Home Design

  • 10,681 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 8,276 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 010-015744

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $35,265
  • Gross Income $109,440
  • Net Operating Income $74,175

Property Details

Home Type

Apartment

Est. Annual Taxes

$18,937

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1923
  • Tax Year: 2016
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.19
  • Total Gross Income: 109440.0
  • Co List Office Phone: 614-519-8689
  • MLS Status: Closed
  • Income Expenses Gross Income: 109440.0
  • Annual Expenses: 35265.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 10681.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Trash2: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • General Property Info Off Street Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-015744
  • Lot Size Sq Ft: 8276.4

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Monthly Rent (Other): 2360.0
  • Number Of Units Total: 5
  • Net Operating Income: 74175.0
  • Annual Operating Expense: 35265.0

Tax Info

  • Tax Annual Amount: 18937.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $1,045,000 -0.5% $98 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $1,050,000 -- $98 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 217020812

Columbus and Central Ohio Regional MLS