1287 Sullivant AveColumbus, OH 43223

For Sale
$400,000

Four-unit apartment building, excellent rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a four-unit apartment building located at 1287 Sullivant Avenue, Columbus, Ohio, 43223. The property, built in 1930, sits on a 6,534 square foot lot and is priced at $400,000, translating to $144.51 per square foot. The property consists of two buildings, each containing two units. Each unit offers two bedrooms and one full bathroom, providing comfortable living spaces. Currently, one building is fully occupied, generating immediate rental income, while the other building is vacant and used for storage, presenting an opportunity for immediate value-add. The property's convenient location offers easy access to local amenities and transportation options within Columbus. This multifamily property is ideal for investors seeking to expand their portfolio or first-time buyers looking to enter the rental market. The property's strong rental potential and existing income stream make it a compelling investment prospect. The vacant building offers potential for immediate renovation and rental income generation. This is a rare opportunity to acquire a well-located, multi-unit property in a thriving Columbus neighborhood.

Property Details for 1287 Sullivant Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1930
Units
4

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9508186
Longitude
-83.0335352
1287 Sullivant Ave, Columbus, Ohio

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1287 Sullivant Ave
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