827-829 Gibbard AveColumbus, OH 43201

Property Details for 827-829 Gibbard Ave

Year built

1910

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming Columbus duplex, located at 827-829 Gibbard Avenue in the Milo-Grogan neighborhood (zip code 43201), presents a compelling investment opportunity. Built in 1910, this property boasts a generous 4,791.6 square foot lot and offers two units, each featuring three bedrooms and one bathroom. The asking price is $294,900, translating to $140.43 per square foot. Recent updates include newer stainless steel appliances in both units. Each unit also enjoys the convenience of a private front porch and off-street parking. One unit has been recently refreshed, while the other is currently rented, providing immediate rental income. The property benefits from a tax abatement extending until 2034, offering significant long-term financial advantages. This duplex is ideal for investors seeking a strong rental return or owner-occupants looking to offset mortgage costs by renting out one unit. The property's location in Columbus, Ohio, offers easy access to local amenities and transportation. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable area. Serious inquiries are encouraged.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.9841

Longitude

-82.9824

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