For Sale
$750,000

160 Sylvan AveColumbus, OH 43204

Ten-unit, renovated apartment complex, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a meticulously renovated ten-unit apartment building ideally situated in Columbus, Ohio's vibrant Westside. The property, located at 160 N Sylvan Avenue, boasts a prime location within the 43204 zip code, offering easy access to local amenities and transportation. Constructed in 1962 and completely renovated in 2023, this solid cinder block building comprises ten one-bedroom, one-bathroom units, each designed for comfortable living. The property currently enjoys a strong 92% occupancy rate, with a market rent of $800 per month per unit. The substantial 5,662.8 square foot lot provides ample parking for residents. This turnkey investment is priced at $750,000 and presents a compelling return on investment. Note that this property can be purchased in conjunction with the adjacent duplex located at 162-164 N. Sylvan Avenue, offering potential for significant portfolio expansion. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable Columbus neighborhood.

Highlights

  • $750,000 asking price.
  • Ten-unit apartment building.
  • 92% occupancy.
  • Recently renovated in 2023.
  • 1962 construction.
  • 5,662.8 sq ft lot.

Property Details for 160 Sylvan Ave

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1962/2023
Units
10

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9576304
Longitude
-83.0867975
160 Sylvan Ave, Columbus, Ohio

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160 Sylvan Ave
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