614-595-1144 [email protected]

50 E 7th Avenue, Columbus, OH 43201 (MLS# 219006875)


$3,300,000
50 E 7th Avenue
Columbus, OH 43201
MLS# 219006875
Status: Closed



50 E 7th Avenue, Columbus, OH 43201
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50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201 50 E 7th Avenue, Columbus, OH 43201

Property Description
20 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

Details
Documents
Location & Property Info
Original List Price: 3300000
Sold Price: $3,250,000
List Price/SqFt: 174.44
Sub-Type: Midrise
Street #: 50
Street PreDirection: E
Street Name: 7th
Street Suffix: Avenue
County: Franklin
City (Mailing Addr): Columbus
State: OH
Zip Code: 43201
Subdiv/Cmplx/Comm: OSU Campus area
School District: COLUMBUS CSD 2503 FRA CO.
Corp LimitPerAuditor: Columbus
Township: None
Office/Contract Info
Buy Brkr/Tenant Rep: Yes
BB/TR Amount: 1.5
BB/TR Amount Type: Percent
Sub Agency: No
Sold Non-MLS: No
Status: Closed
MLS Entry Date: 2019-03-11
For Sale: Yes
Exchange: Yes
General Property Info
Number of Units: 20
# of Buildings: 2
Total Parking: 31
Building Sqft: 18918
Year Built: 1966
Built Prior to 1978: Yes
Acreage: 0.51
Tax Info
Parcel #: 010-026112
Tax Year: 2017
Tax Abatement: No
Taxes (Yrly): 24474
Status Change Info
Under Contract Date: 2019-08-28
Sold Date: 2020-01-15
Sold Price: $3,250,000
Sold Price/SqFt: 171.79
Income/Expenses
Gross Income: 336800
Net Operating Income: 259704
Total Expenses: 77096
1 Bedroom
1 Bedroom # of Units: 2
2 Bedroom
2 Bedroom # of Units: 15
3 Bedroom
3 Bedroom # of Units: 2
Other
Other # of Units: 1
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Parking Type: 1 Off Street; 2 Off Street
Owner Pays: Sewer
Tenant Pays: Electricity; Gas
Heat Fuel: Gas
Heating: Forced Air
Air Conditioning: Central
Construction: Stucco
Services Available: Electric; Gas; Water
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Northsteppe Realty

Listing Agent: Michael Linsker

Last Updated: January - 16 - 2020


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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