For Sale
$325,000

4991-4997 Myers RdColumbus, OH 43232

Four-unit apartment building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
114
This well-maintained four-unit apartment building at 4991-4997 Myers Road, Columbus, Ohio, presents a compelling investment opportunity. Built in 1979, the property sits on a 13,503.6 square foot lot and is currently 100% occupied, generating a steady cash flow. Each of the four units features one bedroom and one bathroom. Ample parking is available with a five-car parking lot at the front of the property, supplemented by street parking. A convenient storage shed is located at the rear. A spacious common area provides shared outdoor space for tenants and offers potential for future development, possibly allowing for the construction of an additional building, subject to zoning regulations. The asking price is $325,000, translating to $114.52 per square foot. This property is located in Franklin County, Ohio, with a zip code of 43232. The property's location offers easy access to various amenities and transportation options within Columbus. This is an ideal investment for those seeking a stable, income-producing asset with potential for future expansion.

Highlights

  • Four-unit apartment building in Columbus, OH, offering a strong cash flow due to 100% occupancy.
  • Located on a 13,503.6 sq ft lot at 4991-4997 Myers Rd, Columbus, OH 43232.
  • Built in 1979, featuring four 1 bed/1 bath units.
  • Ample parking with a five-car lot and street parking; includes a storage shed.
  • $325,000 asking price ($114.52/sq ft); potential for future expansion.

Property Details for 4991-4997 Myers Rd

Property type
Apartment buildings, Small apartment buildings
Year Built
1979
Units
4

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.936183
Longitude
-82.860542
4991-4997 Myers Rd, Columbus, Ohio

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4991-4997 Myers Rd
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