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$ 715,000
Est. payment /mo
Price Dropped by $10K
Columbus, OH 43206
0.29 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225032293
Year Built 1913
Annual Tax Amount $6,539
Lot Size 0.290 Acres
Lot Dimensions 0.29
Property Sub-Type Mixed Use
Source Columbus and Central Ohio Regional MLS
Property Description
Offering an exceptional cap rate, cash-on-cash return, and a compelling ROI at current performance, this 6-unit brick townhome style building delivers immediate, stable income with strong fundamentals and clear upside potential. Featuring six 2-bedroom / 1-bath apartments totaling 5,708 sq ft (~951 sf per unit), the property blends timeless brick architecture with extensive modernization — a turnkey, high-yield investment designed for low maintenance and long-term performance. The property includes a generous green space in the backyard. New roof installed in 2025, and newer mechanicals in each unit. All New electric wiring and panels, porches and railings updated in 2024, and all newer appliances. This is a great addition to any investor's portfolio. On street parking and additional parking on the back of the property. Conveniently located close to downtown and bus routes.
Location
State OH
Area 0.29
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-050640
Listed by Erica M Robinson Signature Real Estate
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