97 Lincoln St Columbus, OH 43215
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 97 Lincoln St
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This charming four-unit apartment building in Columbus, Ohio's desirable Italian Village neighborhood presents a compelling investment opportunity. Built in 1900, the brick structure sits on a 3,049.2 square foot lot at 97 E Lincoln Street, zip code 43215. Currently boasting 100% occupancy until summer 2025, the property generates a substantial monthly rental income of $4,170. The unit mix comprises three efficient studios and one one-bedroom apartment, all conveniently served by shared laundry facilities. Priced at $665,000, this translates to $202.25 per square foot. Its prime location offers easy access to the vibrant Short North Arts District, making it highly attractive to renters. The property's versatility allows for continued operation as long-term rentals or a transition to short/mid-term rentals, catering to a diverse range of investment strategies. This turnkey property is an exceptional opportunity for investors seeking a stable, high-return investment in a sought-after Columbus location. The building's historical charm combined with its modern convenience makes it a truly unique offering.
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
- -83.0008032
- Latitude
- 39.9769763
