1803 6Th St Columbus, OH 43207
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1803 6Th St
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This well-located Columbus, Ohio multifamily property presents a compelling investment opportunity. The 1900-built apartment building, situated at 1803 S 6th Street, features four units spread across two floors. Two efficient units are located on the first floor, while the second floor houses two one-bedroom units. The property boasts a current monthly income of $2,875 from all units, currently fully occupied. Three of the four units are on month-to-month leases, providing flexibility for future rent adjustments. The remaining lease expires April 30, 2025. The building sits on a 3,049.2 square foot lot. The asking price is $324,000, translating to a price per square foot of $155.77. This property is being sold "as-is," and potential buyers are advised to not disturb the tenants. This is an excellent opportunity for investors seeking a stable, cash-flowing asset in a desirable Columbus location. The property's strong occupancy rate and existing rental income stream make it an attractive addition to any investment portfolio. Further due diligence is recommended to fully assess the property's potential.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9908143
- Latitude
- 39.9256567
