217 2Nd Ave Columbus, OH 43201
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 217 2Nd Ave
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This exceptional multifamily property located at 217 W 2nd Avenue in Columbus, Ohio's desirable Victorian Village, presents a compelling investment opportunity. Built in 1900, this four-unit apartment building sits on a 4,356 square foot lot and is priced at $649,900, translating to $258.72 per square foot. Each of the four units boasts one bedroom, providing comfortable living spaces for residents. The property includes convenient rear parking for tenants. Currently, rental income is below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. The building's location within the vibrant Victorian Village neighborhood offers both short-term and long-term rental appeal. This property is ideal for investors seeking a strong return on investment in a highly sought-after Columbus location. Please note that the property is currently occupied, and residents should not be disturbed. This is a rare chance to acquire a well-situated multifamily asset with considerable upside potential in a thriving urban setting. The property's historical charm combined with its modern convenience makes it an attractive option for both investors and tenants alike. Serious inquiries only.
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
- -83.0104975
- Latitude
- 39.9818496
