299 E 15th Avenue, Columbus, OH 43201 (MLS# 217020812)

299 E 15th Avenue, Columbus, OH 43201

$1,045,000

Property Type: Multi-Family Lot Size (sq. ft.): 8,276 Status: Closed

Current Price: $1,045,000 List Date: 7/14/2017 Last Modified: 1/21/2025

Description

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.

Supplements: ********

More Information MLS# 217020812

Location & Property Info

List Price/SqFt: 98.31 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: Yes Building Sqft: 10681 Number of Units: 5 Year Built: 1923 Acreage: 0.19

Tax Info

Tax Abatement: No Taxes (Yrly): 18937 Parcel #: 010-015744 Tax Year: 2016

Remarks & Misc

Property Description: 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.

Status Change Info

Sold Price/SqFt: 97.84 Under Contract Date: 2017-07-26 Sold Date: 2017-09-22 Sold Price: $1,045,000

Income/Expenses

Gross Income: 109440 Net Operating Income: 74175 Total Expenses: 35265

Addl Acceptance Cond

None Known: 1

Construction

Brick: 1

3 Bedroom

3 Bedroom # of Units: 4 3 Bedroom Month Rent Per Unit: 1690

Heat Fuel

Gas: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Storm Sewer: 1 Water Available: 1

Other

Other # of Units: 1 Other Month Rent Per Unit: 2360

Miscellaneous

Basement: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Sewer: 1 Water: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

Air Conditioning

Central Air: 1

Owner Pays

Trash: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1050000 Sold Price: $1,045,000 Property Sub Type: Flat Street #: 299 Street PreDirection: E Street Name: 15th 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: 2017-06-14

Property Features

Addl Acceptance Cond: None Known Owner Pays: Trash Tenant Pays: Electricity; Gas; Sewer; Water Heat Fuel: Gas Heating: Forced Air Air Conditioning: Central Air Construction: Brick Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; W/D Hookups MLS Primary PhotoSrc: Realtor Provided

Listing Office: Brown Multifamily Advisors,LLC

Listing Agent: Matthew R Brown

Last Updated: January - 21 - 2025

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