10111 Winchester RdCanal Winchester, OH 43110

Property Details for 10111 Winchester Rd

Year built

1977

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a three-unit apartment building situated on a sprawling 12.5-acre lot at 10111 Winchester Road NW in Canal Winchester, Ohio, zip code 43110. Built in 1977, the property boasts a total of three units, offering a compelling return on investment at an asking price of $1,100,000. The price per square foot is $510.92. The property consists of three ranch-style homes situated on separate parcels, each with its own unique characteristics. Two of the main homes feature fireplaces, finished basements, and attached two-car garages. A fourth parcel includes a lodge building. A shared driveway agreement ensures convenient access for all units. While the homes require some updating and TLC, this presents a significant opportunity for value enhancement. The property enjoys a private setting, well removed from the road, yet offers easy access to the amenities of Columbus. The expansive 35,719.2 square foot lot provides ample space and potential for future development. All parcels and homes are sold as a single package. This is a rare chance to acquire a substantial multifamily property with significant upside potential in a desirable location. Detailed photos of each home are available.

Location Insight

City

Canal Winchester

County

Fairfield

State

Ohio

Latitude

39.8222

Longitude

-82.7872

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