1698 4Th St, Columbus, OH 43201

Property Details for 1698 4Th St

Year built

1970

Property type

Residential income homes

Property subtype

Small apartment buildings

Description

This exceptional 14-unit apartment building presents a lucrative investment opportunity in Columbus, Ohio's desirable 43201 zip code. Located at 1698 N 4th Street, this property boasts a prime location near the Ohio State University campus. Built in 1970 and situated on a 5,662.8 square foot lot, the building comprises a mix of apartment styles, including two-bedroom, one-bathroom townhomes. Many units have been recently remodeled and are in excellent condition, featuring desirable amenities such as basements, central air conditioning, and in-unit washers and dryers. The property also includes a newly paved parking lot with over 20 spaces, providing ample parking for residents. Current rental income is strong, with most units currently leased at $1150 per month, plus a $35 monthly water fee. With only one unit currently vacant, this property offers immediate cash flow and significant potential for future growth. The asking price is $1,849,800, representing a price per square foot of $149.72. This is a rare opportunity to acquire a well-maintained, high-performing multifamily asset in a highly sought-after location. Don't miss out on this chance to add a valuable property to your portfolio.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Longitude

-82.9984464

Latitude

39.9979005