The property is located just one block west of High St. and is comprised of two large, neighboring buildings that offer a combined total of 8 units/36 beds. 86 W. 8th Avenue contains four 4BD/2BA flats and 87-93 W. 9th Avenue contains four 5BD/3BA townhomes. Both buildings have spacious multilevel covered balconies in both the front and the rear. Units all feature brand new, high-end kitchens and baths, tiled flooring with LVT throughout, in-unit laundry, central A/C and off-street parking. Tenants pay electric and gas directly and reimburse the owner for water. The property is 100% leased for the current 2021-22 academic year and 100% pre-leased for 2022-23. The property is financed with an assumable agency mortgage.
- Price:
- $3,150,000
- Square Footage:
- 7,392
- Acreage:
- 0.14
- Year Built:
- 1989
- Listing ID #:
- 222007428
- Street Address:
- 86 W 8th Ave
- City:
- Columbus
- State:
- Ohio
- Postal Code:
- 43201
- County:
- Franklin
- Listing Status:
- Active
- Listing Type:
- ResidentialMultiFamily
School District: Columbus City School District
- Construction Description:
- Block
- Miscellaneous Features:
- Basement, W/D Hookups
- Number Of Units:
- 8.00
- Total # Of Buildings:
- 2.00
- Total Building Square Footage:
- 7392
- Year Built:
- 1989
- Days On Market:
- 107
- Terms:
- Assumable
- Owner Pays:
- Sewer, Trash
- Price Per Square Foot:
- 426.14
- Property Taxes:
- $16,257
- Tax Year:
- 2021
- Tenant Pays:
- Electricity, Gas, Water
- Garage Description:
- Assigned
- Cooling System:
- Central
- Heating:
- Forced Air
- Heating Fuel:
- Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Courtesy of: Matthew R Brown of Brown Multfamily Advisors (614-519-8689)
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Listing Courtesy of: Randy J Best of Best Corporate Real Estate (614-559-3350) ACTIVE
