9-11-15 Norwich Ave Columbus, OH 43201

Property Details for 9-11-15 Norwich Ave

Year built

1915

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional three-unit apartment building, located at 9-11-15 E Norwich Avenue in Columbus, Ohio, presents a compelling investment opportunity. Built in 1915, this property sits on a 3,484.8 square foot lot and is currently generating income with all three units rented at $990 per month, leases expiring July 31st. The asking price is $1,000,000, translating to a price per square foot of $264.27. Its prime location just north of Lane Avenue, in close proximity to The Ohio State University campus, offers significant potential for future growth and development. The property is zoned commercial, providing flexibility for potential future uses. While no rezoning inquiries have been made, the location and zoning present a compelling case for exploring development options. The property is currently generating strong rental income, making it an attractive investment for both seasoned and new investors. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-located, income-producing property with significant upside potential in a thriving Columbus neighborhood. Serious inquiries only.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-83.0083

Latitude

40.0071