1196-1200 Linwood AveColumbus, OH 43206

For Sale
$420,000

Three-unit apartment building, excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Columbus, Ohio triplex located at 1196-1200 Linwood Avenue presents a compelling investment opportunity. Built in 1938, this multifamily property sits on a sizable 10,018.8 square foot lot and is offered at an asking price of $420,000, translating to $125 per square foot. The property comprises three units, each featuring two bedrooms and one bathroom, providing comfortable living spaces for residents. Currently, the units are occupied by tenants, with existing leases transferring to the new owner, ensuring immediate cash flow. This versatile property offers the unique advantage of owner-occupancy, allowing for the possibility of living in one unit while generating rental income from the other two. Alternatively, the property can be utilized entirely as a rental investment. The property's location in Columbus, Ohio, within the 43206 zip code, offers convenient access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. The property's strong rental history and potential for future appreciation make it an attractive investment for both seasoned and novice investors. Don't miss this chance to secure a valuable asset in the thriving Columbus real estate market.

Highlights

  • Exceptional Columbus, OH triplex investment opportunity.
  • Located at 1196-1200 Linwood Avenue, 43206.
  • $420,000 asking price; $125/SF.
  • 10,018.8 SF lot; built in 1938.
  • Three 2 bed/1 bath units with existing leases.
  • Owner-occupancy potential or full rental investment.

Property Details for 1196-1200 Linwood Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1938
Units
3

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.941099
Longitude
-82.966129
1196-1200 Linwood Ave, Columbus, Ohio

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1196-1200 Linwood Ave
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