60 E Norwich Avenue, Columbus, OH 43201 (MLS# 217024817)

60 E Norwich Avenue, Columbus, OH 43201

$1,937,500

Property Type: Multi-Family Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $1,937,500 List Date: 8/07/2017 Last Modified: 1/22/2025

Description

OSU off-campus student investment property containing 19 - 1 BD / 1 BA and 2 - 2 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens, hardwood floors, ceiling fans and interior/exterior electronic locks. The building offers free on-site laundry, attached parking garage, extensive security lighting and immense historical character. The property is 100% pre-leased for the 2017-18 academic year with total annual rental income of $211,080. All utilities included in rent.

Supplements: ********

More Information MLS# 217024817

Location & Property Info

List Price/SqFt: 101.45 City (Mailing Addr): Columbus Corp LimitPerAuditor: Columbus

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 19221 Number of Units: 21 Year Built: 1930 Acreage: 0.35

Tax Info

Tax Abatement: No Taxes (Yrly): 22692 Parcel #: 010-006063 Tax Year: 2016

Remarks & Misc

Property Description: OSU off-campus student investment property containing 19 - 1 BD / 1 BA and 2 - 2 BD / 1 BA units all with large floor plans. Units are renovated with updated kitchens, hardwood floors, ceiling fans and interior/exterior electronic locks. The building offers free on-site laundry, attached parking garage, extensive security lighting and immense historical character. The property is 100% pre-leased for the 2017-18 academic year with total annual rental income of $211,080. All utilities included in rent.

Status Change Info

Sold Price/SqFt: 100.8 Under Contract Date: 2017-09-20 Sold Date: 2017-11-21 Sold Price: $1,937,500

Income/Expenses

Gross Income: 210885 Net Operating Income: 122086 Total Expenses: 88799

Addl Acceptance Cond

None Known: 1

1 Bedroom

1 Bedroom # of Units: 19 1 Bedroom Month Rent Per Unit: 787

2 Bedroom

2 Bedroom # of Units: 2 2 Bedroom Month Rent Per Unit: 1268

Construction

Brick: 1

Heat Fuel

Gas: 1

Parking Features

Attached Garage: 1

Services Available

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

Miscellaneous

Basement: 1 Garages: 1 W/D Hookups: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Radiant: 1

Air Conditioning

Window Unit(s): 1

Owner Pays

Electric: 1 Gas: 1 Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1950000 Sold Price: $1,937,500 Property Sub Type: Flat Street #: 60 Street PreDirection: E Street Name: Norwich 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: 2017-07-11

Property Features

Addl Acceptance Cond: None Known Parking Features: Attached Garage Owner Pays: Electric; Gas; Sewer; Trash; Water Heat Fuel: Gas Heating: Radiant Air Conditioning: Window Unit(s) Construction: Brick Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Miscellaneous: Basement; Garages; W/D Hookups MLS Primary PhotoSrc: Realtor Provided

Listing Office: Brown Multifamily Advisors,LLC

Listing Agent: Matthew R Brown

Last Updated: January - 22 - 2025

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2026 Columbus Board of Realtors. All rights reserved.