79-93 Arcadia Avenue

79-93 Arcadia Avenue Columbus, OH 43202
$1,400,000

Description

Brown Multifamily Advisors is pleased to offer for sale 79-93 Arcadia Avenue, an eight-unit multifamily property located in the south Clintonville neighborhood of Columbus, Ohio. This is a fantastic opportunity to acquire a completely renovated investment property in a very desirable location a block from High Street.

The all-brick, two-story building contains eight 2-bedroom, 1-bathroom townhouse units each with front and rear patios, full basements with washer/dryer hook-ups and ample off-street parking. All but one unit (which is currently being renovated) have received new high-end kitchens and baths with LVT floors. Other recent improvements include new HVACs (all units), roof, iron patio railings, windows, doors and more. Tenants pay all utilities. The property is completely occupied with the exception of the unit being renovated. Rents are $1,200 (4), $1,185 (1), $1,175 (1) and $1,095 (1).  The current owner has not pushed rents, therefore an opportunity exists for immediate rental upside.

This is a rare opportunity to acquire a well-performing, turn-key multifamily property with many recent renovations in a great urban Columbus location.

Detail

Updated on December 2, 2022 at 5:51 pm

  • Property ID: 10071
  • Price: $1,400,000
  • Property Type: Multifamily Unit
  • Property Status: Recently Sold

Additional details

  • Total Units: 8
  • Total Bedrooms: 16
  • Total Square Footage: 7,224
  • Year Built: 1920
  • Acreage: 0.29
  • Address: 79-93 Arcadia Avenue
  • City: Columbus
  • State/county: Ohio
  • Zip/Postal Code: 43202
  • Country: United States

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