1287 Sullivant Ave Columbus, OH 43223
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1287 Sullivant Ave
- Year built
- 1930
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a four-unit apartment building located at 1287 Sullivant Avenue, Columbus, Ohio, 43223. The property, built in 1930, sits on a 6,534 square foot lot and is priced at $400,000, translating to $144.51 per square foot. The property consists of two buildings, each containing two units. Each unit offers two bedrooms and one full bathroom, providing comfortable living spaces. Currently, one building is fully occupied, generating immediate rental income, while the other building is vacant and used for storage, presenting an opportunity for immediate value-add. The property's convenient location offers easy access to local amenities and transportation options within Columbus. This multifamily property is ideal for investors seeking to expand their portfolio or first-time buyers looking to enter the rental market. The property's strong rental potential and existing income stream make it a compelling investment prospect. The vacant building offers potential for immediate renovation and rental income generation. This is a rare opportunity to acquire a well-located, multi-unit property in a thriving Columbus neighborhood.
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
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0335352
- Latitude
- 39.9508186
