57
See all 57 photos
$1,650,000
Est. payment /mo
0.47 Acres Lot
Active
2080-2090 E 5th Avenue Columbus, OH 43219
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226008620
Year Built 1904
Annual Tax Amount $16,271
Lot Size 0.470 Acres
Lot Dimensions 0.47
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Completely renovated and fully permitted 9-unit multifamily property brought back to life with over $800,000 in capital improvements. This top-to-bottom renovation offers investors a rare opportunity to acquire a true turnkey asset with no CapEx required. Some of the many updates include a new roof, new windows, new mechanicals, updated plumbing and electrical, new parking lot, exterior improvements, and full interior renovations throughout--everything has been touched. The unit mix consists of three spacious 1-bedroom / 1-bath units and six 2-bedroom / 1-bath units, all updated with modern finishes. Renovations have just been completed and three units are already leased, providing immediate income. Unit E is rented for $1,300 per month plus a $75 per month water fee through 2/28/2027, Unit I is rented for $1,200 per month plus a $75 per month water fee through 1/31/2027, and Unit A is rented for $995 per month plus a $75 per month water fee through 3/31/2027. The remaining six units are currently being marketed for rent, offering strong upside potential for the new owner. Conveniently located near John Glenn Columbus International Airport, Ohio Dominican University, The Ohio State University, and Downtown Columbus, with easy access to shopping, dining, and major employment centers. This is an ideal opportunity for investors seeking a stabilized, low-maintenance property with long-term performance potential.
Location
State OH
County Franklin
Area 0.47
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling None
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-081840-00
Listed by Zeke Liston Red 1 Realty
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