1530-1540 Longeaton Dr Upper Arlington, OH 43220
- Residential income homes
Current Use by Public Records
- Residential income homes
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Upper Arlington
- County
- Franklin
- State
- Ohio
- Longitude
- -83.061
- Latitude
- 40.051