1072 Forest Street

Columbus,OH 43206

$ 950000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Midrise

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 225027913

Year Built 1963

Annual Tax Amount $5,796

Lot Size 0.260 Acres

Property Sub-Type Midrise

Property Description

Unique VALUE ADD opportunity in Southern Orchards consisting on 8 1-Bedroom apartments, a 1,100sf detached garage currently rented as storage and a private 8 car parking lot.

In-place gross rents: $8,563 for the apartments and $500 for the garage.

4/8 units have been renovated to include new stainless appliances, new cabinets, countertops, bathroom fixtures and flooring throughout. Tenants have access to shared laundry in basement, which provides additional income for landlord. Opportunity to further enhance value by submetering utilities. Great opportunity to capitalize on the growth on Nationwide Children's Hospital prior to completion of construction.

Location

State OH

County Franklin

Area 0.26

Rooms

Other Rooms None

Dining Room No

Interior

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

View More
Favorite Go Tour