2054 N 4th St - Apartments FOR SALE


Columbus, OH 43201- Indianola Terrace
$995,000 USD
614-559-3350
2054 N 4th St, Columbus, OH for Sale
$995,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

2054 N 4th St
Columbus, OH 43201
Indianola Terrace


OVERVIEW

2054 N Fourth Street presents a rare opportunity to acquire a fully leased, income-producing multifamily asset in the heart of Columbus. The ± 6,468 Sq Ft property consists of seven residential unit brick town-homes, and is offered for sale at $995,000. With 100% occupancy and an established tenant base, the property provides immediate cash flow and investment stability. Located along the North Fourth Street corridor, the asset benefits from convenient access to Downtown Columbus, The Ohio State University, major employment centers,public transportation, dining, retail, and neighborhood amenities. The building includes 2 and 3-Bedroom Town-home units with basements for extra storage. Many units have natural hardwood flooring.The very well maintained building includes: all furnaces and hot water tanks (which have been updated), all units include a range, refrigerator, washer, and dryer. The property's attractive urban location appeals to a broad tenant pool, while it's proximity to key Columbus destinations supports long-term residential demand. The property's size and configuration offers investors a well-positioned multifamily holding in one of Central Ohio's strongest rental markets. An excellent opportunity for investors seeking a stabilized multifamily asset with current income and long-term appreciation potential in the Columbus market. Curb Offers Only.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$142 USD /SF

# OF UNITS

7

PRICE/UNIT

$142,143

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,447 SF

ZONING

-

APN/PARCEL ID

010-001234

ASK ABOUT THIS PROPERTY

Rebecca WithrowBest Corporate Real EstateMore Info
614-559-3350

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Rebecca WithrowBest Corporate Real EstateMore Info
614-559-3350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.