Luxury apartment with rooftop deck. Office/retail space. 4-5 off street parking spaces. Great visibility, access. Close to Children' s and Grant Hospital. Proximity to German Village and CBD amenities. Great opportunity for owner/user to live/work.
Multi-family investment opportunity situated on approximately 2.54 acres consisting of two 2-story buildings totaling 24,400 square feet with 40-1 bedroom/1 bathroom apartments
Residential Investment Property in Merion Village (German Village) off Jaeger Street one block from Easy Street Café. Ideally located to restaurants, retail and Schiller Park while privately nestled on Nursery Lane for private backyard enjoyment. 1,054 SqFt, hardwood floors, 2 beds, 1 full-bath, 1 half-bath, eat-in kitchen, great room, full basement and ample on-street parking. Leased on 03/01/2015 for $850 per month 1 year term. Landlord pays property taxes; Tenant pays all utilities. Seller indicates market rent can exceed $1,100 per month. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Duplex Investment Property (2,362 Total SqFt) in Merion Village (German Village) at corner of Jaeger St and E Gates. Ideally located to restaurants, retail and Schiller Park with large fenced backyard and 3 to 4 parking spots. Unit 185 (Left) 2 beds, 1.5 baths (jacuzzi tub and separate shower), loft and full basement. Unit 183 (Right) 2 beds, 1 bath and full basement. Unit 185 leased MTM $1,100 (Seller indicates market rent potential $1,400). Unit 183 leased 1 year $975 (Seller indicated market rent potential $1,000). Landlord pays property taxes; Tenant pays all utilities. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Duplex Investment Property (1,952 Total SqFt) in Italian Village (Short North) steps from N High Street. Ideally located to restaurants, retail and the hottest corridor of Columbus; WALKING distance to OSU CAMPUS! Unit 36 (Down) 2 beds, 2.0 baths, upgraded flooring and full basement. Unit 38 (Up) 2 beds, 1 bath and upgrades. Unit 36 leased 01/01/2015 $1,000 1 year term (Seller indicates market rent potential $1,300). Unit 38 leased 1 year $900 (Seller indicated market rent potential $1,100; Currently leased to Nephew). Landlord pays property taxes; Tenant pays all utilities. Refrigerator, Dishwasher, Gas Range and Washer/Dryer stay. Strong demand generators, rental market and location enhance this investment.
Residential Owner-Occupied (Potential Investment Property) (2,252 SqFt) in Italian Village (Short North) steps from N High Street. Ideally located to restaurants, retail and the hottest corridor of Columbus; WALKING distance to OSU CAMPUS! Owner acquired property in 1988 and has made numerous improvements while maintaining the rich woodwork, 4 gas log fireplaces and is currently renovating the kitchen. Alternative possibilities as property Zoned C Commercial with Use Code of 401 Apartments 4 to 19 Family. Seller of 40 East 5th Avenue (MLS 215008969) is also selling the neighboring property 36/38 East 5th Avenue (MLS 215008923).
Stabilized 30-unit multifamily with upside potential. 11.18% Cap rate based on current rents ($394/unit) and income/expenses. Brick & Stucco exterior with numerous updates and improvements and professional 3rd party property management willing to stay on. Updates include carpeting, flooring, appliances, electrical, water heaters, furnaces & air units, gutters/downs & drainage and roof. Solid Investment.
Property Description: Multi Family - 20 Units Top to Bottom renovation just completed!! 20 Units at the Entrance to the Employment Office of the New Casino!! No easier way to attract good credit Tenants. Completely Stabilized with new Credit Tenants. On Site Laundry facility (Income not included in Proforma and Cap Rate). All new electrical services, plumbing, hot water tanks, Baseboard heating& . Resurfaced and striped parking lot, added security camera system, much more. Also zoned for Hotel Use.On E. Broad St, at a Bus Stop on Viotis Dr., close proximity to I-270/I-70. Tremendous Redevelopment in the immediate area due to the New Hollywood Casino affording increased property Values. Also located at the entrance to the Casino Employment Office.
The property consists of two eight-unit multifamily buildings separated by a courtyard. The sixteen two-bedroom townhouses consist of 915 square feet each. The living space of each apartment contains two bedrooms, one bathroom, a basement, a living room, and an eat-in kitchen. Each unit contains a range and refrigerator, and washer/dryer hookups are located in the basement. New roofs were installed 3 months ago. The site includes 28 parking places.
Price Upon Req.2,184 SF
Online Only Receivers AuctionReported as 2BR/2BA per side2184 SF & OccupiedRents abated through sale closingTaxes $1851.40Online now through April 15th at 10:30amTerms and Conditions: Deposits: An initial deposit in the amount of $2,500 per property will be collected from the high bidders credit card at the conclusion of the auction. In the event the Initial Deposit of $2,500 is less than 10% of the total purchase price, an additional certified check making up the balance of a 10% deposit will be required to be delivered to Auction Firm the next business day following the conclusion of the auction along with the Purchase & Sale Agreement. Contact auctioneer for draft Contract.Closing is to be within 30 days. No contingencies. Properties sold as is where is with no warranty express or implied including merchantability for any particular purpose. Buyers Premium: A 10% Buyers Premium will be added to the final bid price and included in the total sale price.