For Sale
$650,000

1104-1106 Oakwood Ave Columbus, OH 43206

Four-unit apartment building, 100% occupied

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a fully occupied four-unit apartment building located at 1104-1106 Oakwood Avenue in Columbus, Ohio's desirable Franklin County. The property, built in 1921 and extensively renovated in 2019, sits on a 7,405.2 square foot lot and boasts two brick buildings, each containing two one-bedroom units. Recent updates include a new roof, windows, flooring, walk-in showers, kitchen cabinets with granite countertops, and updated light fixtures. The top units offer bonus space ideal for a small office, and all units feature enclosed patios. Basements are equipped for washer/dryer hookups and offer potential for conversion into additional living space or studio units. Updated plumbing and electrical systems are compliant with City of Columbus permits. A large fenced yard provides privacy. This property offers a compelling investment opportunity, with a price per square foot of $167.87 and an asking price of $650,000. Its prime location within walking distance of German Village adds significant value and rental potential. The property's 100% occupancy rate ensures immediate cash flow. This is a rare chance to acquire a well-maintained, high-demand multifamily property in a thriving Columbus neighborhood.

Highlights

  • $650,000 asking price for this four-unit apartment building.
  • Multifamily property consisting of a duplex/triplex/quadruplex.
  • $167.87 price per square foot.
  • 100% occupancy rate.
  • Four units total.
  • Built in 1921, renovated in 2019.

Property Details for 1104-1106 Oakwood Ave

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1921/2019
Units
4

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9428228
Longitude
-82.9691377

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, 100% occupied
Where is the apartment building located?
The property is located at 1104-1106 Oakwood Ave Columbus, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $650,000 asking price for this four-unit apartment building.; Multifamily property consisting of a duplex/triplex/quadruplex.; $167.87 price per square foot.
How can I contact the broker?
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1104-1106 Oakwood Ave
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