82 Central AveColumbus, OH 43222
- Residential income properties
Property Details for 82 Central Ave
- Year built
- 1900
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This charming two-unit apartment building, located at 82 N Central Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1900, this property sits on a sizable 4,791.6 square foot lot and offers a total of two units, each featuring two bedrooms and one bathroom. Currently, the occupancy rate is 50%. The asking price is $150,000, translating to a price per square foot of $77.64. The property is conveniently located near downtown Columbus, offering easy access to various amenities and transportation options. While the building requires renovations and improvements, its prime location and potential for increased rental income make it an attractive prospect for investors seeking a hands-on project with significant upside. The property's age and current condition necessitate a thorough assessment of repair and renovation costs before purchase. This is a unique opportunity to acquire a multifamily property in a desirable area of Columbus, Ohio, and capitalize on the potential for substantial returns. Further due diligence is recommended to fully understand the scope of necessary repairs and the potential rental income. The property is zoned for multifamily use within Franklin County, Ohio, and has a zip code of 43222.
Location Insight
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Latitude
- 39.9595
- Longitude
- -83.0382
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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