For Sale
$40,000

1963-1965 Margaret StColumbus, OH 43219

Prime Columbus lot, build your duplex!

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,662.8 square foot residential land parcel in Columbus, Ohio, presents a unique opportunity for development. Located at 1963-1965 Margaret Street, in the 43219 zip code, this property is zoned for residential construction and offers significant potential for rental income. The asking price is $40,000. Approved architectural drawings for a duplex are included in the sale, streamlining the building process. A building permit is ready for issuance upon selection of a general contractor. A variance for on-street parking has already been obtained. Projected monthly rental income is estimated at $2,600, based on an anticipated $1,300 per unit. A builder referral is available, offering construction at an estimated $130 per square foot. This is an ideal investment for those seeking a turnkey project with minimal delays and maximized return. The owner is motivated to sell and is ready to transfer ownership quickly. This is a rare opportunity to acquire a ready-to-build duplex site in a desirable Columbus location. Don't miss out!

Property Details for 1963-1965 Margaret St

Property type
Land

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9846441
Longitude
-82.9518395
1963-1965 Margaret St, Columbus, Ohio

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1963-1965 Margaret St
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