1530-1540 Longeaton Dr Upper Arlington, OH 43220

Property Details for 1530-1540 Longeaton Dr

Year built

1968

Property type

Residential income homes

Property subtype

Apartment buildings

Description

This exceptional six-unit apartment building presents a compelling investment opportunity in the desirable Upper Arlington area of Columbus, Ohio. Situated on a spacious 24,393.6 square foot lot, this 1968-built property boasts six identical units, each offering over 1,200 square feet of living space. Each unit features two bedrooms, two and a half bathrooms, a living room, a kitchen, and a family room complete with a fireplace. Upstairs, you'll find two generously sized bedrooms, each with its own private bathroom. Residents enjoy the convenience of individual private patios, a shared yard, and ample parking. The property includes a carport with six spaces and an additional six surface parking spots. Recent upgrades include a new $30,000 electrical service. Currently operating at 90% occupancy, this property offers a strong cash flow potential. The asking price is $1,199,000, translating to $107.02 per square foot. Its prime location near shops, restaurants, and freeways ensures high demand and tenant retention. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a highly sought-after Columbus neighborhood. The property is located at 1530-1540 Longeaton Drive, Columbus, OH 43220.

Location Insight

City

Upper Arlington

County

Franklin

State

Ohio

Longitude

-83.061

Latitude

40.051