For Sale
$324,000

1803 6Th St Columbus, OH 43207

South Side Investment Opportunity: High Occupancy!

Overview

Added:
Dec 11, 2024
Days on market:
134
This well-located Columbus, Ohio multifamily property presents a compelling investment opportunity. The 1900-built apartment building, situated at 1803 S 6th Street, features four units spread across two floors. Two efficient units are located on the first floor, while the second floor houses two one-bedroom units. The property boasts a current monthly income of $2,875 from all units, currently fully occupied. Three of the four units are on month-to-month leases, providing flexibility for future rent adjustments. The remaining lease expires April 30, 2025. The building sits on a 3,049.2 square foot lot. The asking price is $324,000, translating to a price per square foot of $155.77. This property is being sold "as-is," and potential buyers are advised to not disturb the tenants. This is an excellent opportunity for investors seeking a stable, cash-flowing asset in a desirable Columbus location. The property's strong occupancy rate and existing rental income stream make it an attractive addition to any investment portfolio. Further due diligence is recommended to fully assess the property's potential.

Highlights

  • $324,000 asking price.
  • Four-unit multifamily apartment building.
  • $155.77 price per square foot.
  • Located at 1803 S 6th Street, Columbus, OH 43207.
  • Built in 1900, situated on a 3,049.2 sq ft lot.

Property Details for 1803 6Th St

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

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9256567
Longitude
-82.9908143

FAQs

What type of property is this?
Apartment building - South Side Investment Opportunity: High Occupancy!
Where is the apartment building located?
The property is located at 1803 6Th St Columbus, OH.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: $324,000 asking price.; Four-unit multifamily apartment building.; $155.77 price per square foot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1803 6Th St
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