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    595-597 Kossuth St Columbus, OH 43206

    For Sale
    $439,900

    Rehabbed 2-unit building, high ROI.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This charming all-brick duplex, located at 595-597 E Kossuth Street in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1918 and completely rehabilitated in 2023, this property boasts two units situated on a 6,098.4 square foot lot. The extensive renovation included brand new plumbing throughout, fresh paint, and the installation of luxury vinyl plank (LVP) flooring on the first floor and new carpeting upstairs. Both units feature updated kitchens equipped with stainless steel appliances and new cabinets complemented by granite countertops. Bathrooms have been completely remodeled with new tubs and tile surrounds. Currently tenant-occupied, showings for unit 595 will commence November 9th, 2024. Please respect tenant privacy and refrain from disturbing occupants. The asking price is $439,900, translating to $152.74 per square foot. This property is being offered on a curb offer basis only. This is a prime opportunity to acquire a well-maintained, high-yield multifamily property in a desirable Columbus neighborhood. The property's location in the heart of Southern Orchards offers excellent potential for strong rental income and future appreciation.

    Property Features for 595-597 Kossuth St

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1918
    Units
    2

    HighLights

    • $439,900 asking price.
    • Multifamily property, specifically a duplex, in Columbus, Ohio.
    • Two units, built in 1918, on a 6,098.4 sq ft lot.
    • $152.74 price per square foot.
    • Recently rehabbed in 2023 with new plumbing, paint, LVP flooring, stainless steel appliances, granite countertops, and updated bathrooms.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Franklin
    State
    Ohio
    Longitude
    -82.9811429
    Latitude
    39.9455086

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    FAQs

    What type of property is this?
    Multifamily property - Rehabbed 2-unit building, high ROI.
    Where is this multifamily property located?
    The property is located at 595-597 Kossuth St Columbus, OH.
    What is the asking price?
    The asking price for this property is $439,900.
    What are key features of this property?
    This property features: $439,900 asking price.; Multifamily property, specifically a duplex, in Columbus, Ohio.; Two units, built in 1918, on a 6,098.4 sq ft lot.
    Request Owner's contact information
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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
    595-597 Kossuth St Columbus, OH 43206
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