58-60 Park AveColumbus, OH 43222

Property Details for 58-60 Park Ave

Year built

1915

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This fully occupied, two-unit apartment building located at 58-60 W Park Avenue in Columbus, Ohio's desirable Franklinton neighborhood presents a compelling investment opportunity. Built in 1915 and extensively renovated in 2019, this property boasts a total of 3,920.4 square feet of land and offers exceptional value at an asking price of $270,000 ($104.65 per square foot). Each of the two units features three bedrooms and one full bathroom, providing ample living space for tenants. A key advantage is the inclusion of full, private basements for each unit, offering additional storage and living space. Furthermore, the property provides two off-street parking spaces per unit, a highly sought-after amenity in urban areas. Currently operating at 100% occupancy, this turnkey duplex is poised to generate immediate cash flow for the new owner. The property's location within the vibrant Franklinton area ensures strong rental demand and potential for future appreciation. This is a rare opportunity to acquire a well-maintained, cash-flowing multifamily property in a rapidly developing Columbus neighborhood. Serious inquiries only. Curb offers only. Zip code: 43222.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9571

Longitude

-83.0326

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