266-268 Yale Ave Columbus, OH 43223
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 266-268 Yale Ave
- Year built
- 1910
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This meticulously renovated duplex at 266-268 S Yale Avenue in Columbus, Ohio, presents a fantastic investment opportunity. Built in 1910 and completely updated in 2024, this property boasts modern finishes throughout, including brand new mechanical systems, a new roof, and updated electrical work. The two units are situated on a 3,484.8 square foot lot, offering ample space. Located minutes from downtown Columbus, this property benefits from a highly desirable location. Previously under contract for $289,000 and appraised at or above that value, this property is now priced to sell at $268,000. The seller is highly motivated due to other ongoing projects. A residential tax incentive application is pending, and the seller will complete all necessary filings before or after closing to secure a 10-year tax abatement, significantly reducing future tax burdens. The price per square foot is $171.79. This is a rare opportunity to acquire a fully renovated, income-producing property in a thriving urban area. Don't miss out on this exceptional investment.
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
- -83.0307
- Latitude
- 39.9531
