82-84 Chittenden Avenue, Columbus, OH 43201
- $1,599,000
- Sold Price
- $1,599,000
- List Price
- $1,599,000
- Status
- CLOSED
- Days on Market
- 187
- Closing Date
- Sep 16, 2025
- MLS#
- 225007755
- Subtype
- Multi-Family
- Year Built
- 1900
- Lot Size
- 6,098
- Acres
- 0.14
Property Description
8-unit apartment building at Ohio State. 6 studios, 1 5BR, 1 4BR. 200k+revenue per year, 160k NOI. Fully rented (through Aug 2026/2027) & cash-flowing, newly Remodeled w/ high end finishes, parking lot with 10 lined spots, Dual basement for laundry + maintenance/storage room. Appraised at 1.6M in Feb 2024, have made $150k of improvements since then. Cap rate of 10.08%. Willing to do drop & swap/ partial owner finance. Current note ~780k, ~6400/mo payment, 7.2%, 19 years left. Gross Revenue/mo $16,950. Net profit/mo $6690. $80k profit/year. Perfect place to roll a 1031 exchange into & continue cash flowing. Rent Roll + Financials etc. at the link in A2A. See A2A remarks.
Additional Information
- Heating
- Hot Water
- School District
- Columbus Csd 2503 Fra Co.
Listing Courtesy of : Luana Antoniuk ---- Roby Realty
Selling Office: Move Real Estate.