13
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$1,120,000
Est. payment /mo
0.27 Acres Lot
New
398 S Central Avenue Columbus, OH 43223
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225010198
Year Built 1974
Annual Tax Amount $5,768
Lot Size 0.270 Acres
Lot Dimensions 0.27
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Welcome to this investment opportunity in the vibrant and growing Franklinton neighborhood of Columbus, Ohio. This well-maintained 17-unit apartment building offers a prime location, steady rental income, and significant potential for long-term growth. All units have been recently renovated in the last couple of years, and have nice rental grade finishes. Property is all electric. Property consists of 17 Units with 16 studio units and 1 one bedroom unit. Monthly income is approximately $11,000 per month with potential for over $12,000. Property has a large parking lot in the back of the building. Situated in Franklinton, minutes from downtown Columbus with easy access to major highways and bus access. Strong Rental History with consistent occupancy and well-established tenants.
Location
State OH
County Franklin
Area 0.27
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Common
Schools
High Schools Columbus Csd 2503 Fra Co.
Others
Tax ID 010-013488
Listed by Ryan E Maguire Reafco