4991-4997 Myers Rd Columbus, OH 43232
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 4991-4997 Myers Rd
- Year built
- 1979
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This well-maintained four-unit apartment building at 4991-4997 Myers Road, Columbus, Ohio, presents a compelling investment opportunity. Built in 1979, the property sits on a 13,503.6 square foot lot and is currently 100% occupied, generating a steady cash flow. Each of the four units features one bedroom and one bathroom. Ample parking is available with a five-car parking lot at the front of the property, supplemented by street parking. A convenient storage shed is located at the rear. A spacious common area provides shared outdoor space for tenants and offers potential for future development, possibly allowing for the construction of an additional building, subject to zoning regulations. The asking price is $325,000, translating to $114.52 per square foot. This property is located in Franklin County, Ohio, with a zip code of 43232. The property's location offers easy access to various amenities and transportation options within Columbus. This is an ideal investment for those seeking a stable, income-producing asset with potential for future expansion.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8605
- Latitude
- 39.9362
