1470 High St Columbus, OH 43207
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1470 High St
- Year built
- 1903
- Property type
- Small apartment buildings
Description
This four-unit apartment building at 1470 S High Street in Columbus, Ohio, presents a compelling investment opportunity. Built in 1903, this brick structure sits on a 6,098.4 square foot lot and offers a mix of unit sizes. The building currently boasts 50% occupancy, with two renovated one-bedroom, one-bathroom units renting for $1084 and $1039 per month respectively. These units feature attractive front porches. Additionally, there is one two-bedroom, one-bathroom unit occupied by a long-term tenant at a monthly rent of $950. A second two-bedroom, one-bathroom unit is currently vacant, presenting immediate potential for increased revenue. All upper units have convenient basement access. The property includes a valuable private off-street parking lot located behind the building. The asking price is $565,000, translating to $210.19 per square foot. Importantly, this property benefits from tax abatement, further enhancing its financial appeal. This property is ideally situated just south of downtown Columbus, offering convenient access to the city's amenities and a strong rental market. The combination of updated units, off-street parking, tax abatement, and the potential for increased occupancy makes this a promising investment prospect.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9956407
- Latitude
- 39.9320431
