Property summary
This exceptional 12-unit apartment building, located at 406-434 Edinburgh Rd in Dublin, Ohio, presents a compelling investment opportunity. Built in 1980, this two-story complex boasts a desirable mix of unit sizes, including eight spacious two-bedroom, one-and-a-half-bathroom units and four one-bedroom, one-and-a-half-bathroom units. Each unit comes equipped with a detached garage, a significant amenity in this competitive market. The property is impeccably maintained and situated in a highly sought-after Dublin neighborhood renowned for its excellent schools and vibrant community amenities. Current rental rates are below market average, presenting a substantial opportunity for immediate rent increases and significant future growth. The strong tenant base and excellent condition of the building contribute to a stable income stream and promise long-term occupancy. This property offers investors a rare chance to acquire a well-positioned, cash-flowing asset in one of Columbus's most dynamic rental markets. The asking price is $2,390,000. The property's zip code is 43017, and it is located in Franklin County.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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