513-515 Hanford StColumbus, OH 43206

For Sale
$349,900

Columbus Ohio Duplex - Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional two-unit apartment building, located at 513-515 Hanford Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1903, this side-by-side duplex sits on a generous 3,920.4 square foot lot and offers a spacious, open-concept layout in each unit. Each of the two units boasts three bedrooms and one bathroom, complemented by large basements providing ample storage space. The property is situated in a highly desirable area, close to Nationwide Children's Hospital, German Village, and Merion Village, ensuring strong rental demand. Currently, comparable properties in the neighborhood command monthly rents exceeding $1,500. Adding to its appeal, this property benefits from its location within both a tax abatement zone and an opportunity zone, offering significant tax advantages for investors. The asking price is $349,900, translating to a price per square foot of $128.83. This duplex is ideal for both seasoned investors seeking to expand their portfolio and owner-occupants looking to generate rental income while residing in one unit. The property's prime location, attractive features, and advantageous tax benefits make it a truly remarkable investment prospect. Don't miss this chance to acquire a high-yield property in a thriving Columbus neighborhood.

Highlights

  • Exceptional two-unit duplex in Columbus, Ohio, offering strong rental demand.
  • Spacious three-bedroom, one-bathroom units with large basements.
  • Situated on a 3,920.4 sq ft lot in a desirable area near Nationwide Children's Hospital.
  • Comparable rents exceed $1,500/month.
  • Located in a tax abatement and opportunity zone, offering significant tax advantages.
  • Asking price: $349,900 ($128.83/sq ft).

Property Details for 513-515 Hanford St

Property type
Multifamily properties, Apartment buildings
Year Built
1903
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.935995
Longitude
-82.981632
513-515 Hanford St, Columbus, Ohio

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513-515 Hanford St
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