305 Mcnaughten RdColumbus, OH 43213

This exceptional 3-acre mixed-use property at 305 McNaughten Rd, Columbus, OH 43213, presents a unique investment opportunity. The 1,430 square foot building, constructed in 1950, sits on a largely flat, partially wooded lot offering significant privacy. Currently rented for $650 per month, the property boasts a full basement and a two-car detached garage. The R-1 zoning allows for a variety of development options, including single-family homes, apartments, or condos, making it ideal for investors or those seeking to build their dream home. Located in Franklin County, this secluded property is conveniently situated near freeways, shopping, restaurants, and office spaces. The property benefits from public water and sewer, and Reynoldsburg schools, with Columbus taxes. Annual property taxes were $2,913 in 2021. The seller is willing to participate in a 1031 exchange. The lot dimensions are approximately 192 feet of frontage and 682 feet on the side. The property was built before 1978 and has no tax abatement. Please note that the property is currently tenant-occupied and showings are limited to qualified buyers. Do not disturb the tenants. Asking price is $385,000.