58-60 Park AveColumbus, OH 43222

For Sale
$270,000

Turnkey Columbus investment property.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • Fully occupied, two-unit apartment building in Columbus, OH's Franklinton neighborhood.
  • Asking price: $270,000 ($104.65/SF), 3,920.4 SF lot.
  • Built in 1915, extensively renovated in 2019.
  • Each unit features three bedrooms, one bath, and a private basement.
  • Four off-street parking spaces (two per unit).
  • 100% occupancy, generating immediate cash flow.

Property Details for 58-60 Park Ave

Property type
Multifamily properties, Apartment buildings
Year Built/Renovated
1915/2019
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9571396
Longitude
-83.0326466
58-60 Park Ave, Columbus, Ohio

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58-60 Park Ave
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