NOT LISTED FOR SALE

60 E 7th Ave Columbus, OH 43201

Weinland Park Neighborhood
15 Beds
-- Bath
14,764 Sq Ft
5,663 Sq Ft Lot

Last Sold January 15, 2020

Last sale price $2,750,000 $186 Per Sq Ft

173 Days on Market

About This Home

As of January 2020

15 unit asset with a taste of the OSU South Campus Area and the Short North area of Columbus. Every unit has undergone a stunning renovation. Urban location with excellent Tenants. Adjacent to retail, an affluent neighborhood, and close proximity to I-71. Ample parking and good visibility. Other great features: Low maintenance, impressive finishes & professionally managed. Provides a great return and is easy to manage. Attractive Non Recourse assumable financing in place. Buyer is responsible for 1% assumption fee or Seller's prepayment penalty in the event they do not wish to assume the financing.

Last Agent to Sell the Property

Michael Linsker

Northsteppe Realty License #2009000205 Listed on: 03/11/2019

Last Buyer's Agent

NON MEMBER

NON MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,078

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Additional Parcels

Home Design

  • 14,764 Sq Ft Home
  • Stucco

Parking

  • Common or Shared Parking
  • Off-Street Parking: 1

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-039365

Community Details

Overview

  • 2 Buildings
  • 15 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $55,539
  • Gross Income $312,000
  • Net Operating Income $253,981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,078

Year Built

Built in 1971

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1971
  • Tax Year: 2017
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.13
  • Total Gross Income: 312000.0
  • Co List Office Phone: 614-299-4110
  • MLS Status: Closed
  • Subdivision Name: OSU Campus Area
  • Location Property Info List PriceSqFt: 203.2
  • Remarks Misc Hot Sheet Comments: new
  • Income Expenses Gross Income: 312000.0
  • Annual Expenses: 55539.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 14764.0
  • General Property Info # of Buildings: 2.0
  • Owner Pays Water4: Yes
  • Air Conditioning Central Air: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: Common
  • General Property Info Off Street Parking Spaces2: 1.0
  • Parking Features Common: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-039365
  • Lot Size Sq Ft: 5662.8
  • Additional Parcels Description: 010-055850-00, 010-046808-00
  • Additional Parcels: Yes

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 15
  • Net Operating Income: 253981.0
  • Annual Operating Expense: 55539.0

Tax Info

  • Tax Annual Amount: 10078.0
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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 List to Sale Price per Sq Ft
01/15/2020 01/15/20 Sold $2,750,000 -8.3% $186 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $3,000,000 -- $203 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 -- -- -- --
2022 $11,943 $159,260 $24,580 $134,680
2021 $45,912 $609,610 $24,580 $585,030
2020 $11,912 $159,260 $24,580 $134,680
2019 $10,090 $122,510 $18,910 $103,600
2018 $9,978 $122,510 $18,910 $103,600
2017 $10,369 $122,500 $18,900 $103,600
2016 $10,661 $122,500 $18,900 $103,600
2015 $9,898 $122,500 $18,900 $103,600
2014 $9,893 $122,500 $18,900 $103,600
2013 $4,902 $122,500 $18,900 $103,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Linsker

    Northsteppe Realty

    (216) 513-2335

    48 Total Sales

    Michael Linsker
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    NON MEMBER OFFICE

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 219006881

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43201 Weinland Park

60 E 7th Ave, Columbus, OH

Not Listed for Sale

MultiFamily

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