Current Use by Public Records
- Apartment buildings
Property Details for 1196-1200 Linwood Ave
- Year built
- 1938
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional Columbus, Ohio triplex located at 1196-1200 Linwood Avenue presents a compelling investment opportunity. Built in 1938, this multifamily property sits on a sizable 10,018.8 square foot lot and is offered at an asking price of $420,000, translating to $125 per square foot. The property comprises three units, each featuring two bedrooms and one bathroom, providing comfortable living spaces for residents. Currently, the units are occupied by tenants, with existing leases transferring to the new owner, ensuring immediate cash flow. This versatile property offers the unique advantage of owner-occupancy, allowing for the possibility of living in one unit while generating rental income from the other two. Alternatively, the property can be utilized entirely as a rental investment. The property's location in Columbus, Ohio, within the 43206 zip code, offers convenient access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location. The property's strong rental history and potential for future appreciation make it an attractive investment for both seasoned and novice investors. Don't miss this chance to secure a valuable asset in the thriving Columbus real estate market.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9661
- Latitude
- 39.9411
