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163 S 17th St 2 Unit Apartment Building Offered at $599,900 at a 5.75% Cap Rate Columbus, OH 43205
Executive Summary
Renovated two family great cash flow or owner occupied situation Heart of Olde Towne East, full 3 story dwelling with detached two car garage large fenced lot.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $599,900 | Lot Size | 0.12 AC |
| Price Per Unit | $299,950 | Building Size | 2,666 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.75% | No. Stories | 3 |
| Gross Rent Multiplier | 16.17 | Year Built/Renovated | 1900/2022 |
| No. Units | 2 | Parking Ratio | 0.75/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | r2 - Residential Use code 520 two-family dwelling | ||
| Price | $599,900 |
| Price Per Unit | $299,950 |
| Sale Type | Investment |
| Cap Rate | 5.75% |
| Gross Rent Multiplier | 16.17 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.12 AC |
| Building Size | 2,666 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2022 |
| Parking Ratio | 0.75/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | r2 - Residential Use code 520 two-family dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Oven
- Yard
- Basement
- Deck
- Dining Room
- Lawn
- Patio
- Porch
- Smoke Free
- Large Bedrooms
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $1,695 | 2,600 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
1 of 35
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
163 S 17th St