1212 Summit StColumbus, OH 43201

For Sale
$514,000

Italian Village/Weinland Park investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional two-unit apartment building, located at 1212 Summit Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1900, this Class B property boasts a desirable location on the border of Italian Village and Weinland Park, just one block from the park and two blocks from High Street. The property sits on a 4,791.6 square foot lot and is currently 50% occupied. The asking price is $514,000, translating to $193.45 per square foot. Significant updates have been completed within the last eight years, enhancing both units' appeal and functionality. These improvements include two completely renovated kitchens, first-floor laundry facilities in each unit, a new roof installed in 2015, two new water heaters (one in 2020 and another in 2023), replacement windows throughout, two new air conditioning units, and recently redone back porches (2024). Bathrooms in both units have also been updated. One unit features three bedrooms and two bathrooms, including a third-floor suite, while the other offers two bedrooms and one bathroom. The property provides added value with fenced-in side yards for privacy and ample off-street parking, a rare find in this sought-after neighborhood. This duplex offers a blend of historical charm and modern updates, making it an attractive prospect for both investors and owner-occupants. The property's strong location and recent renovations position it for immediate rental income and potential appreciation.

Highlights

  • Exceptional two-unit apartment building in Columbus, Ohio, located on the border of Italian Village and Weinland Park.
  • Class B property built in 1900, situated on a 4,791.6 sq ft lot, currently 50% occupied.
  • Asking price: $514,000 ($193.45/sq ft).
  • Significant recent updates include new kitchens, bathrooms, roof (2015), water heaters, windows, AC units, and back porches.
  • Features include in-unit laundry, off-street parking, fenced yards, and a mix of 2- and 3-bedroom units.

Property Details for 1212 Summit St

Property type
Multifamily properties, Apartment buildings
Class
B
Year Built
1900
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9874844
Longitude
-83.0017037
1212 Summit St, Columbus, Ohio

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1212 Summit St
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