1871 N. Fourth Street

1871 N. Fourth Street, Columbus, OH 43201
$1,600,000

Description

Brown Multifamily Advisors is pleased to offer for sale 1871 N. Fourth Street, a 10-unit Ohio State University off-campus student housing investment property. This is a fantastic opportunity to acquire a renovated student housing property in a desirable location a few blocks east of High Street.

The property offers 10 units/30 beds with an outstanding mix of two-, three- and four-bedroom flats.  The two-story building was constructed in 1973 on two parcels, located on the corner of N. Fourth St. & E. 17th Avenue.  In 2014 the property received many updates including new kitchens with stainless steel appliances, renovated bathrooms, new flooring throughout, new light fixtures and new hot water tanks and furnaces. Exterior improvements include new vinyl windows, new modern metal stairs, railings, wood decking and updated landscaping. The property amenities include in-unit laundry, central A/C, eight covered parking spots and eight off-street parking spots. Tenants pay electric and gas directly and reimburse the owner for water.

This is a great opportunity to acquire a well-performing, turnkey student housing property with many recent renovations and rental upside in a great off-campus location.

Detail

Updated on March 22, 2023 at 11:43 am

  • Property ID: 10072
  • Price: $1,600,000
  • Property Type: Multifamily Unit
  • Property Status: Recently Sold

Additional details

  • Total Units: 10
  • Total Bedrooms: 30
  • Total Square Footage: 10,128
  • Year Built: 1973
  • Acreage: 0.29
  • Address: 1871 N. Fourth Street
  • City: Columbus
  • State/county: Ohio
  • Zip/Postal Code: 43201
  • Country: United States

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