513-515 Hanford St Columbus, OH 43206

Property Details for 513-515 Hanford St

Year built

1903

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional two-unit apartment building, located at 513-515 Hanford Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1903, this side-by-side duplex sits on a generous 3,920.4 square foot lot and offers a spacious, open-concept layout in each unit. Each of the two units boasts three bedrooms and one bathroom, complemented by large basements providing ample storage space. The property is situated in a highly desirable area, close to Nationwide Children's Hospital, German Village, and Merion Village, ensuring strong rental demand. Currently, comparable properties in the neighborhood command monthly rents exceeding $1,500. Adding to its appeal, this property benefits from its location within both a tax abatement zone and an opportunity zone, offering significant tax advantages for investors. The asking price is $349,900, translating to a price per square foot of $128.83. This duplex is ideal for both seasoned investors seeking to expand their portfolio and owner-occupants looking to generate rental income while residing in one unit. The property's prime location, attractive features, and advantageous tax benefits make it a truly remarkable investment prospect. Don't miss this chance to acquire a high-yield property in a thriving Columbus neighborhood.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-82.9816

Latitude

39.936