823-825 Byron Ave Columbus, OH 43227
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 823-825 Byron Ave
- Year built
- 1962
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This Columbus, Ohio duplex located at 823-825 Byron Avenue presents a compelling investment opportunity. Built in 1962, this multifamily property sits on a 6,969.6 square foot lot and offers two units for a total asking price of $259,900 ($152.52 per square foot). The property is currently vacant, providing immediate potential for rental income. Unit 823 boasts three bedrooms and one and a half bathrooms, while unit 825 features two bedrooms and one bathroom. Both units include full basements. Comparable rental rates in the area suggest potential monthly income ranging from $1,200 to $1,750 per unit. The property requires minor cosmetic updates, a factor reflected in the asking price. This property is situated just outside of Whitehall, offering convenient access to local amenities and transportation. The property's size and location make it an attractive option for investors seeking a solid return on investment in the Columbus market. This is a turnkey opportunity for an investor looking to add to their portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9077
- Latitude
- 39.9552
