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    54-60 Moler St Columbus, OH 43207

    Sponsored
    For Sale
    $1,300,000

    Six-unit apartment building, high potential

    Property size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a six-unit apartment building located at 54-60 E Moler Street, Columbus, Ohio, 43207. The property boasts a total of 5,400 square feet of net rentable space, priced at $240.74 per square foot, with an asking price of $1,300,000. Each of the six units offers a convenient and comfortable living space, featuring either two or three bedrooms. Residents enjoy the added benefit of included appliances, including a stove, refrigerator, and washer/dryer in each unit. Off-street parking is also provided, a valuable amenity in this desirable location. Situated within walking distance of Schiller Park, the property benefits from a prime location offering residents easy access to green space and recreational opportunities. The property's 5,400 square feet are spread across the six units, presenting a strong potential for rental income and future appreciation. This is a rare opportunity to acquire a well-maintained multifamily property in a thriving Columbus neighborhood. The property's strong rental history and convenient location make it an ideal investment for both seasoned and new investors seeking a stable and profitable venture. The lot size is not specified.

    Property Features for 54-60 Moler St

    General Information

    Property type
    Specialty properties
    Square Feet
    5,400 SF

    Building Details

    Units
    6

    HighLights

    • Six‑unit apartment building at 54‑60 E Moler St, Columbus, OH 43207.
    • 5,400 square feet of net rentable space.
    • Asking price: $1,300,000 ($240.74/SF).
    • Six units with 2 or 3 bedrooms each, including appliances (stove, refrigerator, washer/dryer).
    • Off‑street parking and walkable to Schiller Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9944359
    Latitude
    39.935396

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    FAQs

    What type of property is this?
    Specialty property - Six-unit apartment building, high potential
    Where is this specialty property located?
    The property is located at 54-60 Moler St Columbus, OH.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Six-unit apartment building at 54-60 E Moler St, Columbus, OH 43207.; 5,400 square feet of net rentable space.; Asking price: $1,300,000 ($240.74/SF).
    Request Owner's contact information
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    Columbus, OH 43207
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    54-60 Moler St Columbus, OH 43207
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