150 E 13th Avenue, Columbus, OH 43201 (MLS# 220001816)

150 E 13th Avenue, Columbus, OH 43201

$1,720,000

Property Type: Multi-Family Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $1,720,000 List Date: 1/21/2020 Last Modified: 2/05/2025

Overview

Description

''The Hub'' consists of 23 - 320 SF studio apartments located a block east of N. High St. in the heart of the OSU off-campus student housing area. T he property has received focused capital expenditures that include new gutter and surface drainage systems on the east side of the building, paint to exterior trim and gutters and all interior hallways and ceilings. Thirteen units have been renovated with new kitchen cabinets, granite counter tops, LVT wood plank flooring throughout and new bathroom vanity and tile tub surround. The property offers a common laundry room with coin-operated machines and four off-street parking spaces. The property is sub-metered for electric and each tenant pays an additional $25/month water fee. The property is currently 100% occupied for the 19-20 school year

Listing Details MLS# 220001816

Location Property Info

Original List Price: 1725000
Property Sub Type: Flat
Street #: 150
Street PreDirection: E
Street Name: 13th
Street Suffix: Avenue
County: Franklin
State: OH
Zip Code: 43201
School District: COLUMBUS CSD 2503 FRA CO.
Township: None

OfficeContract Info

MLS Entry Date: 2020-01-19

General Property Info

Number of Units: 23
Building Sqft: 10440
Year Built: 1966
Built Prior to 1978: Yes
Acreage: 0.17
Use Code: 402 - APARTMENT:20-39 UNITS

Tax Info

Parcel #: 010-006240
Tax Year: 2019
Tax Abatement: No
Taxes (Yrly): 21551

Status Change Info

Under Contract Date: 2020-01-27
Sold Date: 2020-03-09
Sold Price/SqFt: 164.75

Efficiency

Efficiency # of Units: 23
Efficiency Month Rent Per Unit: 656

More Information

Auction Info

Auction/Online Bidding Y/N: No

Location & Property Info

List Price/SqFt: 165.23
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes
Exchange: No

Remarks & Misc

Property Description: ''The Hub'' consists of 23 - 320 SF studio apartments located a block east of N. High St. in the heart of the OSU off-campus student housing area. T he property has received focused capital expenditures that include new gutter and surface drainage systems on the east side of the building, paint to exterior trim and gutters and all interior hallways and ceilings. Thirteen units have been renovated with new kitchen cabinets, granite counter tops, LVT wood plank flooring throughout and new bathroom vanity and tile tub surround. The property offers a common laundry room with coin-operated machines and four off-street parking spaces. The property is sub-metered for electric and each tenant pays an additional $25/month water fee. The property is currently 100% occupied for the 19-20 school year

Income/Expenses

Gross Income: 192870
Net Operating Income: 119453
Total Expenses: 73417

Addl Acceptance Cond

None Known: Yes

Construction

Frame: Yes
Brick: Yes

Heat Fuel

Electric: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Miscellaneous

Basement: Yes

Tenant Pays

Sewer: Yes
Water: Yes
Electricity: Yes

Heating

Radiant: Yes

Air Conditioning

Other: Yes

Owner Pays

Gas: Yes
Trash: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known Owner Pays: Gas; Trash Tenant Pays: Electricity; Sewer; Water Heat Fuel: Electric Heating: Radiant Air Conditioning: Other Construction: Brick; Frame Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement MLS Primary PhotoSrc: Realtor Provided

Documents

Lead-based Paint Disclosure ›

Listing Office: Brown Multifamily Advisors,LLC

Listing Agent: Matthew R Brown

Last Updated: February - 05 - 2025

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