2729 Sullivant Ave Columbus, OH 43204
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 2729 Sullivant Ave
- Year built
- 1923
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This 2-unit apartment building, located at 2729 Sullivant Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1923 and extensively renovated in 2020, the property sits on a 4,791.6 square foot lot. Currently, the occupancy rate is 50%, with one unit rented at $1,275 per month. The asking price is $239,800, translating to $113.54 per square foot. The property's location within a revitalizing area offers significant potential for future appreciation. The vacant unit provides immediate potential for increased rental income, while the occupied unit contributes to positive cash flow from day one. This duplex is ideal for both seasoned investors seeking a strong return and owner-occupants looking to build equity and generate passive income. The property's recent renovation minimizes immediate maintenance needs, allowing for a smooth transition into ownership. The address is within the 43204 zip code in Franklin County. This is a rare opportunity to acquire a well-maintained, cash-flowing property in a rapidly developing neighborhood. Don't miss out on this chance to add a valuable asset to your portfolio or begin your real estate journey.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0715
- Latitude
- 39.9437
