For Sale
$1,500,000

63 Russell StColumbus, OH 43215

Four-unit, fully renovated apartment building

Overview

Added:
Dec 11, 2024
Days on market:
114
Attention investors! This exceptional four-unit apartment building, located at 63 E Russell Street in Columbus, Ohio, presents a lucrative investment opportunity. Situated just one block from the vibrant Short North Arts District, this property enjoys unparalleled proximity to popular destinations such as Marcellas, The Guild House, and Hyde Park. The convenient location also offers easy walkability or biking distance to the convention center, Goodale Park, and the Arena District. Built in 1900 and extensively renovated in 2020, this property boasts four fully remodeled two-bedroom units, each featuring upscale finishes. Kitchens are equipped with quartz and granite countertops, high-end appliances, and custom cabinetry. Beautiful wood floors, brick accent walls, and custom showers add to the sophisticated aesthetic. Modern conveniences include stackable washer/dryer units in each unit. Residents also enjoy private patios, yards, and the added benefit of off-street parking. The property sits on an 8,276.4 square foot lot and currently enjoys 100% occupancy. With a list price of $1,500,000 and a price per square foot of $312.11, this multifamily investment offers a compelling return on investment. The property's prime location, modern amenities, and high occupancy rate make it an ideal addition to any investment portfolio. All units are move-in ready, minimizing vacancy periods and maximizing rental income. This is a rare opportunity to acquire a turnkey property in one of Columbus's most desirable neighborhoods. The zip code is 43215.

Highlights

  • Four-unit apartment building in Columbus, OH's Short North Arts District.
  • Fully renovated in 2020 with upscale finishes including quartz/granite countertops and custom cabinetry.
  • Four two-bedroom units, each with private patio/yard, off-street parking, and stackable washer/dryer.
  • 100% occupancy, 8,276.4 sq ft lot, listed at $1,500,000 ($312.11/sq ft).
  • Prime location near Short North, convention center, and Arena District; move-in ready condition.

Property Details for 63 Russell St

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1900/2020
Units
4

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9757193
Longitude
-83.0013973
63 Russell St, Columbus, Ohio

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63 Russell St
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