266-268 Yale AveColumbus, OH 43223

For Sale
$268,000

Updated 2-unit building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This meticulously renovated duplex at 266-268 S Yale Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1910 and completely updated in 2024, this property boasts modern finishes throughout, including brand new mechanical systems, a new roof, and updated electrical work. The two units are situated on a 3,484.8 square foot lot, offering ample space. Located minutes from downtown Columbus, this property benefits from a highly desirable location. Previously under contract for $289,000 and appraised at or above that value, this property is now priced to sell at $268,000. The seller is highly motivated due to other ongoing projects. A residential tax incentive application is pending, and the seller will complete all necessary filings before or after closing to secure a 10-year tax abatement, significantly reducing future tax burdens. The price per square foot is $171.79. This is a rare opportunity to acquire a fully renovated, income-producing property in a thriving urban area. Don't miss out on this exceptional investment.

Highlights

  • Meticulously renovated duplex in Columbus, Ohio, offering a strong investment opportunity.
  • Completely updated in 2024 with new mechanicals, roof, and electrical.
  • Situated on a 3,484.8 sq ft lot, minutes from downtown Columbus.
  • Priced at $268,000, previously under contract for $289,000 and appraised at or above that value.
  • Seller motivated and offering a pending 10-year tax abatement.

Property Details for 266-268 Yale Ave

Property type
Multifamily properties, Apartment buildings
Year Built/Renovated
1910/2024
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9530807
Longitude
-83.0306629
266-268 Yale Ave, Columbus, Ohio

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266-268 Yale Ave
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