1805 S 6Th St Columbus, OH 43207
For Sale
1 / 7
Each unit is one bed, one bath and 4 out of 4 units are currently rented at below market rent- 1803 is rented at $750.00 plus $60.00 for water, 1803 1/2 is rented at $700.00 plus $60.00 for water, 1805 is rented at $600.00 plus $60.00 for water and 1805 1/2 is rented at $550.00 plus $35.00 for water. This leaves plenty of room to increase the rent on tenants and increase cash flow even more. This property is located on the south side of Columbus where there are many developments going on. There is a 245 unit apartment complex being built right around the corner, which will only increase the value of nearby properties once finished.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.