775 Bellows AveColumbus, OH 43222

For Sale
$165,000

Two-unit, 3-story condo conversion opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity awaits in Columbus, Ohio's burgeoning Franklinton neighborhood with this two-unit apartment building located at 775 Bellows Avenue, zip code 43222. Built in 1912, this property sits on a 3,920.4 square foot lot and is priced at $165,000, or $63.36 per square foot. Approved architectural drawings are available (requiring renewal) for conversion into two modern, three-story condo units. Each unit is designed to feature three bedrooms and three and a half bathrooms, with a luxurious master suite occupying the entire third floor. The first floor of each unit offers an open-concept layout, seamlessly connecting the living, dining, and kitchen areas, perfect for entertaining. This property presents a unique opportunity for developers seeking a ready-to-build project or investors looking for strong rental income potential. The property's location within the rapidly growing Franklinton area ensures significant future appreciation. Don't miss this chance to capitalize on the thriving Columbus real estate market. This is a turnkey project ready for immediate action.

Highlights

  • Exceptional investment opportunity: Two-unit apartment building in Columbus, OH's Franklinton neighborhood.
  • Located at 775 Bellows Avenue, zip code 43222, on a 3,920.4 sq ft lot.
  • Priced at $165,000 ($63.36/sq ft).
  • Approved architectural plans (renewal required) for conversion into two three-story, three-bedroom, three-and-a-half-bathroom condo units.
  • Each unit features an open-concept main floor and a luxurious third-floor master suite.
  • Strong rental income potential and significant future appreciation in a rapidly growing area.

Property Details for 775 Bellows Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1912
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.952542
Longitude
-83.0200377
775 Bellows Ave, Columbus, Ohio

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775 Bellows Ave
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