1170 Bryden Rd Columbus, OH 43205
This exceptional four-unit apartment building, located at 1170 Bryden Road in Columbus, Ohio's historic Olde Town East neighborhood, presents a compelling investment opportunity. Built in 1971, this beautiful brick structure sits on a 6,534 square foot lot and boasts a current 75% occupancy rate. Each of the four units offers two bedrooms and one bathroom, complete with washer/dryer hookups and central HVAC systems. Three units are currently leased at a market rate of $1,350 per month, generating substantial rental income. One unit is vacant, providing flexibility for an owner-occupant, short-term rental (such as Airbnb), or additional long-term rental income. The property also features ample off-street parking, a significant advantage in this desirable area. The asking price is $725,000, translating to $206.91 per square foot. This property offers a rare chance to acquire a piece of Columbus history in a vibrant and sought-after location, promising strong returns on investment. The property's zip code is 43205, and it is situated in Franklin County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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