217 2Nd AveColumbus, OH 43201

For Sale
$649,900

Four-unit apartment building, Columbus, OH

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional multifamily property located at 217 W 2nd Avenue in Columbus, Ohio's desirable Victorian Village, presents a compelling investment opportunity. Built in 1900, this four-unit apartment building sits on a 4,356 square foot lot and is priced at $649,900, translating to $258.72 per square foot. Each of the four units boasts one bedroom, providing comfortable living spaces for residents. The property includes convenient rear parking for tenants. Currently, rental income is below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. The building's location within the vibrant Victorian Village neighborhood offers both short-term and long-term rental appeal. This property is ideal for investors seeking a strong return on investment in a highly sought-after Columbus location. Please note that the property is currently occupied, and residents should not be disturbed. This is a rare chance to acquire a well-situated multifamily asset with considerable upside potential in a thriving urban setting. The property's historical charm combined with its modern convenience makes it an attractive option for both investors and tenants alike. Serious inquiries only.

Highlights

  • Exceptional four-unit multifamily investment opportunity in Columbus, Ohio's desirable Victorian Village.
  • 1900-built building on a 4,356 sq ft lot, priced at $649,900 ($258.72/sq ft).
  • Each of the four units features one bedroom and convenient rear parking.
  • Below-market rents offer significant potential for increased profitability.
  • Located in the vibrant Victorian Village neighborhood, offering strong rental demand.

Property Details for 217 2Nd Ave

Property type
Multifamily properties, Apartment buildings
Year Built
1900
Units
4

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9818496
Longitude
-83.0104975
217 2Nd Ave, Columbus, Ohio

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217 2Nd Ave
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