2541 Glen Echo Dr Columbus, OH 43202
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 2541 Glen Echo Dr
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This charming three-unit apartment building, built in 1900, presents a fantastic investment opportunity in Columbus, Ohio's desirable 43202 zip code. Situated on a 3,920.4 square foot lot at 2541 Glen Echo Drive, the property boasts three distinct units. The first floor features a well-maintained one-bedroom unit currently rented on a month-to-month lease. The second floor offers a two-bedroom unit with a sunroom, currently vacant, presenting potential for increased rental income. The third-floor studio could be incorporated into the second-floor unit to create a larger, more valuable rental space. The building has been meticulously cared for, featuring newer windows, a well-maintained exterior, and a serviced HVAC system. Its convenient location offers proximity to The Ohio State University, ample shopping options, and major freeways, ensuring high demand and strong rental potential. The asking price is $359,900, translating to $190.63 per square foot. This property represents a rare chance to acquire a profitable multifamily investment in a thriving Columbus neighborhood.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0014519
- Latitude
- 40.0153179
