4977-4983 Myers Rd Columbus, OH 43232
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 4977-4983 Myers Rd
- Year built
- 1979
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 4977-4983 Myers Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1979, this property sits on a spacious 13,939.2 square foot lot and is currently generating a strong return with 100% occupancy. Each of the four units boasts a single bedroom and a single bathroom, providing comfortable and efficient living spaces for tenants. The property features a convenient five-car parking lot at the front, supplemented by readily available street parking. A rear shed offers valuable storage space, and a sizable common area provides tenants with shared outdoor space. This generous common area presents significant potential for future development, possibly allowing for the construction of additional units, subject to zoning regulations. The asking price is $325,000, translating to $114.52 per square foot. This well-maintained property offers a solid foundation for immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers seeking a stable and potentially expandable asset in a desirable Columbus location. The property's zip code is 43232, and it is situated in Franklin County.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.8608
- Latitude
- 39.9362
