31
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$850,000
Est. payment /mo
10,454 Sqft Lot
Price Dropped by $300K
642654 W State Street Columbus, OH 43215
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Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225000698
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1900
Lot Size 10,454 Sqft
Lot Dimensions 0.24
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.
Others
Tax ID 010-001343
Listed by Alexander N Marsh The Robert Weiler Company
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