642654 W State Street Active

Columbus,OH 43215

$ 850000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225000698

Year Built 1900

Lot Size 10,454 Sqft

Property Sub-Type Mixed Use

Property Description

This multi-unit property is a fantastic opportunity for investors. 7 renovated units in the heart of East Franklinton and walking distance to breweries. TAX ABATEMENT PENDING! New HVAC systems, windows, roofing, siding, appliances, tile, electrical, flooring, & plumbing fixtures in some units. It is in OPPORTUNITY ZONE, offering significant benefits INCUDING 10% OF PURCHASE PRICE TAX CREDIT. It provides rental income & holds redevelopment potential, making it an attractive option for long-term growth. The units could be sold off separately in the future for additional upside. This is a chance to invest in a high-demand area with organic rent growth and future redevelopment opportunity, close proximity to entertainment and restaurants.

Location

State OH

County Franklin

Area 0.24

Zoning EFD

Rooms

Other Rooms None

Dining Room No

Interior

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

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