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82-84 Chittenden Avenue

Columbus, OH 43201
  • $825,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 222032848
UPDATED: 16 min ago
$825,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,948
    SQFT
  • $209
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

School District:

Description

OSU Campus area property, one block off of High Street, near the Ohio Student Union and OSU Law School. It is also in the vicinity of Gateway South campus development. The campus marketplace is significant: an estimated 62,000 population of students, including graduate and professional programs! In addition, university employment is about 47,000 employees. Thereby making the area a city of 100,000 persons within the City of Columbus. The gross rents per bed once stabilized are estimated to be $800/month. The property has 6 studios, and a 4-bed unit as well as a 5-bed unit, totaling 15 beds. This would equate to $144,000 in gross rents per year ($800 x 15 beds x 12 months), which in turn computes to a 12% Gross Yield, $144,000/Price of $950,000.

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© 2022 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate. Data last updated: 2022-09-27T23:52:48.27.
www.lpohio.com/homes/132628315
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82-84 Chittenden Avenue Columbus, OH 43201

  • Price: $825,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 16 min ago
  • MLS #: 222032848
0
Beds
0
Baths
0
½ Baths
0.14
Acres
3,948
SQFT
$209
$/SQFT
1900
Built
County:
Franklin
Area:
Columbus
School District:
Columbus Csd 2503 Fra Co.
Property Description
OSU Campus area property, one block off of High Street, near the Ohio Student Union and OSU Law School. It is also in the vicinity of Gateway South campus development. The campus marketplace is significant: an estimated 62,000 population of students, including graduate and professional programs! In addition, university employment is about 47,000 employees. Thereby making the area a city of 100,000 persons within the City of Columbus. The gross rents per bed once stabilized are estimated to be $800/month. The property has 6 studios, and a 4-bed unit as well as a 5-bed unit, totaling 15 beds. This would equate to $144,000 in gross rents per year ($800 x 15 beds x 12 months), which in turn computes to a 12% Gross Yield, $144,000/Price of $950,000.
Property Features

1 Bedroom Units 15 Auction No Between Street1 High Street Between Street2 Indianola Ave Built Prior To1978 Yes Corp Limit Per Auditor Columbus For Exchange No For Sale Yes Multifamily Sub Type Midrise Tax District 010 Tax Year 2021 Taxes Yearly 16448.00 Township None

Listing provided courtesy of Douglas Wilson of Svn Wilson Commercial: (614) 944-5140.


© 2022 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate. Data last updated: 2022-09-27T23:52:48.27.
 
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LifePoint Real Estate
168 South State St.
Westerville OH, 43081