2087-2093 4Th St Columbus, OH 43201

Property Details for 2087-2093 4Th St

Year built

1905

Property type

Residential income homes

Property subtype

Apartment buildings

Description

This exceptional four-unit townhouse investment property, located at 2087-2093 N 4th Street in Columbus, Ohio, presents a compelling opportunity. Built in 1905 and situated on a 5,662.8 square foot lot, this property boasts a desirable location near Ohio State University's campus and the vibrant Old North neighborhood. Each of the four units features three spacious bedrooms, with one bedroom located in the attic and including a walk-in closet. All units include updated kitchens, hardwood floors, and basements offering valuable storage space. A significant advantage is the inclusion of a washer/dryer in each unit. Currently operating at 100% occupancy, this property demonstrates strong rental income potential. Two units have recently renewed leases, and two additional units are pre-leased for August with increased rental rates. The asking price is $784,900, translating to $95.82 per square foot. This property is offered for sale as-is, with curb offers only. The property may be purchased in conjunction with 1510-1512 Summit St (separate transaction). This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a prime Columbus location.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-82.9986

Latitude

40.0061