614-595-1144 [email protected]

474 E Norwich Avenue, Columbus, OH 43201 (MLS# 222007006)


$2,000,000
474 E Norwich Avenue
Columbus, OH 43201
MLS# 222007006
Status: Closed



474 E Norwich Avenue, Columbus, OH 43201
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474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201 474 E Norwich Avenue, Columbus, OH 43201

Property Description
Recently updated 20 unit building located in the heart of OSU campus! Excellent rental history and property management can remain in place for 6%. 8 units are large 2 bedroom, 1 bath townhouses and 12 apartments are 1 bedroom, 1 bath. All 2 bedroom units updated with stainless steel appliances, vinyl flooring, new electric, and new plumbing, as well as 50% of the 1 bedrooms, and all new vinyl windows throughout. New central HVAC in all 2 bedroom units. Sub-metered for water, electric and gas! Shared washer/dryer in the building residents pay through an app. **Curb offers only. Please do not disturb the residents**

Details
Location & Property Info
Original List Price: 2500000
Sold Price: $1,950,000
List Price/SqFt: 165.34
Sub-Type: Midrise
Street #: 474
Street PreDirection: E
Street Name: Norwich
Street Suffix: Avenue
County: Franklin
City (Mailing Addr): Columbus
State: OH
Zip Code: 43201
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
Status: Closed
MLS Entry Date: 2022-03-11
For Sale: Yes
Exchange: Yes
General Property Info
Number of Units: 20
Building Sqft: 12096
Year Built: 1956
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 0.57
Tax Info
Parcel #: 010-036824
Tax Year: 2021
Tax Abatement: No
Taxes (Yrly): 18452
Status Change Info
Under Contract Date: 2022-06-15
Sold Date: 2022-09-22
Sold Price: $1,950,000
Sold Price/SqFt: 161.21
Income/Expenses
Gross Income: 210365.58
Net Operating Income: 147146.93
Total Expenses: 64828.65
1 Bedroom
1 Bedroom # of Units: 12
2 Bedroom
2 Bedroom # of Units: 8
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Parking Type: Common Area
Owner Pays: Water
Tenant Pays: Electricity; Water
Sewer: Public Sewer
Services Available: Electric; Gas; Water
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided

Listing Office: Smart Move, Realtors

Listing Agent: Jeffrey Sheu

Last Updated: January - 05 - 2024


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

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