601 City Park Ave Columbus, OH 43206
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 601 City Park Ave
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This exceptional four-unit apartment building, located at 601 City Park Avenue in Columbus, Ohio's desirable German Village, presents a unique investment opportunity. Priced at $997,997.97, this property boasts a price per square foot of $354.40. Built in 1900 and extensively renovated in 2019, the building features three one-bedroom units and one two-bedroom unit, each with a single bathroom. The two-bedroom unit offers convenient inside access to the basement and a dedicated laundry area. All units share access to a communal basement laundry space and ample additional storage. A rare double lot (4,791.6 sq ft) provides significant potential for expansion, such as adding a swimming pool or a garage with a carriage house. Currently, the occupancy rate is 25%, with three units intentionally vacant, offering flexibility for a potential conversion to a single-family home. This property's prime location and recent updates make it an attractive investment prospect in a highly sought-after neighborhood. The building's history and unique features combine to create a compelling opportunity for a discerning buyer. The property is situated in Franklin County, Ohio, with a zip code of 43206.
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
- -82.9967557
- Latitude
- 39.9499912
