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$3,199,999
Est. payment /mo
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226004639
Year Built 1915
Annual Tax Amount $13,586
Lot Size 9,583 Sqft
Lot Dimensions 0.22
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
This fully renovated multifamily asset offers turnkey stability with modernized units that
support premium rents, strong leasing velocity, and minimal near-term capital needs. This
asset is unique in that it's historically proven to support multiple business plans to include
short term, mid-term and conventional revenue models. A 12-year tax abatement
enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout
the hold period.
This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor
capital improvement plans, further supports stability of location and long-term growth
projection.
Curb offers only
support premium rents, strong leasing velocity, and minimal near-term capital needs. This
asset is unique in that it's historically proven to support multiple business plans to include
short term, mid-term and conventional revenue models. A 12-year tax abatement
enacted in 2023 sharply reduces operating expenses and enhances cash flow throughout
the hold period.
This location, given its proximity to both the Broad St Corridor and Parsons Ave Corridor
capital improvement plans, further supports stability of location and long-term growth
projection.
Curb offers only
Location
State OH
County Franklin
Area 0.22
Rooms
Other Rooms None
Dining Room No
Interior
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 010-000121
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Listed by Brett A Ludwig Verti Commercial Real Estate L
Nearby Locations
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The Woodrow Group At Realistar
Broker | License ID: 658008071
Broker License ID: 658008071