87 W 9th Avenue, Columbus, OH 43201 (MLS# 224030023)

87 W 9th Avenue, Columbus, OH 43201

$1,212,750

Property Type: Multi-Family Lot Size (sq. ft.): 6,098 Status: Closed

Current Price: $1,212,750 List Date: 8/26/2024 Last Modified: 10/09/2024

Description

4 Unit OSU Campus turn key investment property featuring large 5 bedroom spacious units, in unit laundry, off street resident parking, and walkable to everything OSU Campus has to offer. This building is sub-metered for electric and gas, fully renovated in 2018, and has a strong rental history with opportunity for upside. To be sold as package with 86 W 8th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A

Supplements: ********

More Information MLS# 224030023

Location & Property Info

List Price/SqFt: 195.86 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: No Building Sqft: 6382 Number of Units: 4 Year Built: 1988 Acreage: 0.14

Tax Info

Tax Abatement: No Taxes (Yrly): 19857 Parcel #: 010-056317 Tax Year: 2023

Remarks & Misc

Property Description: 4 Unit OSU Campus turn key investment property featuring large 5 bedroom spacious units, in unit laundry, off street resident parking, and walkable to everything OSU Campus has to offer. This building is sub-metered for electric and gas, fully renovated in 2018, and has a strong rental history with opportunity for upside. To be sold as package with 86 W 8th Ave, Columbus, Ohio 43201 (4 Unit) for $2,600,000. Both buildings occupied, please do not disturb residents, curb offers only. See A2A

Status Change Info

Sold Price/SqFt: 190.03 Under Contract Date: 2024-08-26 Sold Date: 2024-10-08 Sold Price: $1,212,750

Income/Expenses

Gross Income: 156532.88 Net Operating Income: 108810.34 Total Expenses: 47722.54

Addl Acceptance Cond

None Known: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Water Available: 1

Other

Other # of Units: 4

Miscellaneous

Fireplace: 1 W/D Hookups: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

New Financing

Conventional: 1

Owner Pays

Sewer: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1250000 Sold Price: $1,212,750 Property Sub Type: Mixed Use Street #: 87 Street PreDirection: W Street Name: 9th 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: 2024-08-26

Property Features

Addl Acceptance Cond: None Known Owner Pays: Sewer; Water Tenant Pays: Electricity; Gas Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Water Available Miscellaneous: Fireplace; W/D Hookups New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided

Listing Office: Red 1 Realty

Listing Agent: Roxy Ponce

Last Updated: October - 09 - 2024

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