Property Description

OSU off-campus student housing investment, containing 5 - 2 BD / 1 BA and 1 ??? 1 BD / 1A units. The property has many recent upgrades that includes renovated kitchens and baths. The units offer tenants with spacious bedrooms, large closets, central A/C, laundry room and electronic locks. The units are 100% pre-leased for 2017-18 academic year at $6,845 per month. Owner pays all utilities. Can be purchased individually or part of a 6 property off-campus portfolio that includes 242 E. 12th, 307 E. 15th, 299 E. 15th, 1777 Summit and 1608 Summit.

1777 Summit Street | MLS# 217011734

This multi-family property located at 1777 Summit Street, Columbus, OH 43201 is currently listed for sale with an asking price of $815,000. Summit Street is located within the COLUMBUS CITY school district. Search Columbus real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 3250

Lot Size: 0.08 Acres

Taxes: $8,187

Year Built: 1920

Feature Descriptions

Parcel #: 010-021520

Local Schools

School District: COLUMBUS CITY

Demographics

Franklin County Demographic Information for 1777 Summit Street, Columbus, OH 43201

Fips

Fips Code 39049

Population

2020 to 2023 Change up 0.2%

2010 Count 1,163,414

2020 Count 1,323,807

2023 Estimate (V2023) 1,326,063

2020 Estimate (V2023) 1,323,810

Age Distribution (Years Old)

0 to 4 6.5%

5 to 17 22.9%

18 to 64 57.4%

65 and Older 13.2%

Gender

Male 49.2%

Female 50.8%

Place of Birth

Foreign 12.0%

US 88.0%

Education

High School Graduate, Age 25+ 91.5%

Bachelor's Degree or Higher, Age 25+ 41.7%

Computer and Internet use

Households with a computer 95.9%

Households with a broadband Internet subscription 92.1%

Language

English is Second Language, Age 5+ 14.9%

English is First Language, Age 5+ 85.1%

Veterans

Veterans 56,845

Income

Per Capita Income $41,148

Median Household Income $71,070

People in Poverty 15.1%

Commute

Average Work Commute Time 22 minutes

Housing

Total Housing Units 594,813

Households 542,366

Average Household Size 2.38

Owner-Occupied 53.5%

Multi-Family 36.6%

Owner-Occupied Median Value $243,100

Median selected monthly owner costs -with a mortgage $1,667

Median selected monthly owner costs -without a mortgage $685

Median gross rent $1,169

Building Permits

New Private Housing Issued 2023 7,303

Years at Residence

1 Year or More 82.6%

Less Than 1 Year 17.4%

Business and Employment

Private non-farm Establishments 30,187

Private non-farm Employment 642,630

Private non-farm Employment Growth up 0.4%

Nonemployer Establishments 117,491

Number of Firms 107,363

Business Production

Value of Shipments $13,796,060,000

Wholesale Trade $32,205,012,000

Retail Trade $25,665,382,000

Retail Sales Per Capita $17,887

Accommodation and Food Services $3,728,293,000

Land

Land Area 532.19 sq. miles

Population Per Square Mile 2,187

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,896.35 per month $3,976.39 Principal & Interest $682.25 Property Tax $237.71 Homeowner's Insurance

Change Payment Information

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1777 Summit StreetColumbus, OH 43201