Description
2054 N Fourth Street presents a rare opportunity to acquire a fully leased, income-producing multifamily asset in the heart of Columbus. The ± 6,468 Sq Ft property consists of seven residential unit brick town-homes, and is offered for sale at $995,000. With 100% occupancy and an established tenant base, the property provides immediate cash flow and investment stability. Located along the North Fourth Street corridor, the asset benefits from convenient access to Downtown Columbus, The Ohio State University, major employment centers,public transportation, dining, retail, and neighborhood amenities. The building includes 2 and 3-Bedroom Town-home units with basements for extra storage. Many units have natural hardwood flooring.The very well maintained building includes: all furnaces and hot water tanks (which have been updated), all units include a range, refrigerator, washer, and dryer. The property's attractive urban location appeals to a broad tenant pool, while it's proximity to key Columbus destinations supports long-term residential demand. The property's size and configuration offers investors a well-positioned multifamily holding in one of Central Ohio's strongest rental markets. An excellent opportunity for investors seeking a stabilized multifamily asset with current income and long-term appreciation potential in the Columbus market. Curb offers only, see A2A.
Details
| MLS # | 226023679 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 59 |
| Listing Provided By | Best Corporate Real Estate | Rebecca S Withrow |
Features
| Units | 7 |
|---|---|
| Building(s) | 1 |
| Acreage | 0.14 |
Taxes
| Property | 25685 |
|---|
Area Information
| State | OH |
|---|---|
| County | Franklin |
| City | Columbus |
| Zip Code | 43201 |
| Community Name | Indianola Summit |
| School District | COLUMBUS CSD 2503 FRA CO. |
| High School | COLUMBUS CSD 2503 FRA CO. |
| Listing VS Median (in Indianola Summit) | |
Price: $995,000 low | high Med: $249,500 On site: 59 low | high Med: 42 | |
Market Activity 43201
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Learn More About This Property
| State | OH |
|---|---|
| County | Franklin |
| City | Columbus |
| Zip Code | 43201 |
| Community Name | Indianola Summit |
| School District | COLUMBUS CSD 2503 FRA CO. |
| High School | COLUMBUS CSD 2503 FRA CO. |
| Listing VS Median (in Indianola Summit) | |
Price: $995,000 low | high Med: $249,500 On site: 59 low | high Med: 42 | |
