Rare opportunity to acquire 100% ownership of a 7-unit condominium community in one of Columbus' fastest-growing investment corridors. Unlike a traditional condominium investment, this offering includes all seven units, providing complete control of the entire community while generating immediate cash flow and offering significant long-term appreciation and development potential.
The fully occupied property currently generates $11,850 in gross monthly rental income and features a strong mix of long-term and short-term tenants, creating stable in-place income with opportunities to further optimize returns. The portfolio consists of one (1) 3-bedroom, 1-bath unit, one (1) 2-bedroom, 2-bath unit, and five (5) 2-bedroom, 1-bath townhouse-style units. The spacious townhouse layouts continue to attract strong tenant demand and provide an attractive alternative to traditional apartment living.
Ideally positioned directly across from Franklin Park Conservatory and Botanical Gardens, this property offers an unbeatable location just minutes from Downtown Columbus. Residents enjoy convenient access to restaurants, coffee shops, shopping, entertainment, major employers, hospitals, and the region's primary transportation corridors, making it one of the city's most desirable rental locations.
In addition to its strong cash flow, the property presents a compelling future development opportunity. Located in a rapidly appreciating area experiencing substantial public and private investment, the site offers investors the ability to generate income today while exploring redevelopment, expansion, or repositioning opportunities in the future.
Whether you're seeking a stabilized, income-producing asset, a value-add investment, or a strategic long-term hold in one of Central Ohio's strongest growth markets, this unique portfolio offers an exceptional combination of location, cash flow, and future upside.
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Zillow last checked:
Listing updated:
Listed by:
Kendall M Davis614-584-4916,
Douglas & Associates Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226028021
Source: Columbus and Central Ohio Regional MLS #226028021Report a problem
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Monthly payment
Est. payment$--/mo
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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