2601-2609 Charing RdUpper Arlington, OH 43221

Property Details for 2601-2609 Charing Rd

Year built

1951

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 10-unit apartment complex, situated at 2601-2609 Charing Road in Upper Arlington, Ohio, presents a compelling investment opportunity. Priced at $3,500,000, this multifamily property boasts approximately 12,000 square feet on a 65,340 square foot lot. Built in 1951, the complex comprises a mix of five three-bedroom townhomes and five two-bedroom flats, offering a diverse rental portfolio. Twelve garages and additional off-street parking are included. Nine of the ten units have undergone recent renovations, featuring updated amenities such as hardwood floors, LED lighting, granite countertops, stainless steel appliances, and private balconies. One unit is currently leased as an office to an established tenant. The property's prime location in Upper Arlington, adjacent to the Scioto Country Club and near Lane Avenue's vibrant shops and restaurants, The Ohio State University, and downtown Columbus, ensures strong rental demand and potential for appreciation. This turnkey asset is ideal for investors seeking a high-quality multifamily property in a highly desirable area, potentially suitable for a 1031 exchange. The price per square foot is $298.69. The property's zip code is 43221, located in Franklin County.

Location Insight

City

Upper Arlington

County

Franklin

State

Ohio

Latitude

40.0069

Longitude

-83.0825

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