OH > Columbus
Columbus, OH 43223,398 S Central Avenue
Columbus, OH 43223,398 S Central Avenue
Columbus, OH 43223,398 S Central Avenue
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$1,069,000
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0.27 Acres Lot
Active Under Contract

398 S Central Avenue Columbus, OH 43223

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Lorrie Raymond

Lorrie Raymond

+1(740) 381-7793

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Key Details

Property Type Multi-Family

Sub Type Midrise

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 225028466

Year Built 1974

Annual Tax Amount $5,768

Lot Size 0.270 Acres

Lot Dimensions 0.27

Property Sub-Type Midrise

Source Columbus and Central Ohio Regional MLS

Property Description

Welcome to this investment opportunity in the vibrant and growing Franklinton neighborhood of Columbus, Ohio. This well-maintained 17-unit apartment building offers a prime location, steady rental income, and significant potential for long-term growth. All units have been recently renovated in the last couple of years, and have nice rental grade finishes. Property is all electric. Property consists of 17 Units with 16 studio units and 1 one bedroom unit. Monthly income is approximately $12,000 per month with potential for over $13,000. Property has a large parking lot in the back of the building. Situated in Franklinton, minutes from downtown Columbus with easy access to major highways and bus access. Strong Rental History with consistent occupancy and well-established tenants.

Location

State OH

County Franklin

Area 0.27

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Equipment No

Laundry No Laundry Rooms

Exterior

Parking Features Common

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-013488

Acceptable Financing Owner Financing, Other, Land Contract, Conventional

Listing Terms Owner Financing, Other, Land Contract, Conventional

Listed by Ryan E Maguire Reafco

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agent

Lorrie Raymond

OH/REALTOR®, Steubenville manager, WV/Salesperson | License ID: SAL.2018004006, WVS230302470

+1(740) 381-7793

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398 S Central Avenue