Six-unit townhome property located in an Opportunity Zone with spacious 2-bedroom, 1-bath units. Four units are occupied and two are vacant, offering solid income with value-add potential. Four units have been completely renovated with new hot water tanks, and the property features a new roof, new main drain line, and new sewage clean-out. Market rents average $950-$1,250 per unit. Each unit has separate utilities and private entrances. The property also includes an extra rear lot that can be used for parking, storage, or possible future development. Conveniently located near downtown Columbus and major highways. Strong investment with excellent upside in a growing area.
Property Features
Bathrooms
Heating and Cooling
- Heating Features: Forced Air, Hot Water
- Heating: Yes
Land Info
- Lot Size Acres: 0.14
- Lot Size Square Feet: 6098
Rental Info
Multi-Unit Info
School Information
- High School District: COLUMBUS CSD 2503 FRA CO.
- School District: COLUMBUS CSD 2503 FRA CO.
Other Property Info
- Annual Tax Amount: 5539
- Source Listing Status: Active
- County: Franklin
- Cross Street: Floral
- Tax Year: 2024
- Source Property Type: Multi-Family
- Possible Use: Commercial
- Property Subtype: townhouse
- Owner Pays: Sewer, Trash Collection
- Parcel Number: 010-004923, 010-044911
- Property Subtype: Townhouse
Commercial Info
- Net Operating Income: 9749
- Operating Expense: 24404
Building and Construction
- Year Built: 1912
- Property Age: 113
Utilities
- Sewer: Public Sewer
- Water Source: Public