554 Barnett Rd Columbus, OH 43213
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 554 Barnett Rd
- Year built
- 1969
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 554 Barnett Road in Columbus, Ohio, presents a compelling investment opportunity. Built in 1969 and completely renovated in 2023, this property boasts a desirable location in the 43213 zip code, offering easy access to local amenities and transportation. The building sits on a spacious 9,147.6 square foot lot and features four units, each thoughtfully designed. Two of the units showcase exposed brick walls extending to the second floor, adding a unique architectural touch. Each unit includes two bedrooms, one and a half bathrooms, and a private balcony off the master bedroom. Residents will appreciate the convenience of air conditioning, a rear patio, and in-unit washer and dryer hookups located in the basement. Off-street parking is provided in a private lot behind the building, ensuring ample space for residents. The asking price is $650,000, translating to $151.87 per square foot. The seller is currently seeking $1,250 per month in rent for each unit. The property is being sold "AS IS". This turnkey investment is ready for immediate income generation. This is a rare opportunity to acquire a well-maintained, high-demand multifamily property in a thriving Columbus neighborhood.
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
- -82.9053153
- Latitude
- 39.9610833
