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497 Sycamore St
Columbus, OH 43206
Multifamily Property For Sale
·
5 Units

PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 4,552 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2019 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 4,552 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2019 |
| Parking Ratio | 1.1/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Refrigerator
- Oven
- Carpet
- Double Pane Windows
ABOUT 497 SYCAMORE ST , COLUMBUS, OH 43206
Value Add Apartment Complex in German Village Area. No better location in one of the most desirable and affluent sub-markets in Columbus. It represents an excellent buying opportunity for an investor to acquire a well-maintained asset with additional upside potential in rental income. The property consists of five two-bedroom/one-bathroom townhouse units with in-unit washers/dryers and off-street parking. The property has had major upgrades throughout the last year including a brand new roof, paint, and tons of new interior updates to the units. All units were recently updated with new fixtures, carpet, tile, counter tops and some cabinetry/appliances. Could be a great opportunity for an AirBnB. There remains room for significant upside for an investor! With minor improvements the additional upside is an estimated ~20-25% increase.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $1,098 | 728 |
PROPERTY TAXES
| Parcel Number | 010-027091 | Improvements Assessment | $235,940 |
| Land Assessment | $29,790 | Total Assessment | $265,730 |
PROPERTY TAXES
Listing ID: 17514087
Date on Market: 10/21/2019
Last Updated:
Address: 497 Sycamore St, Columbus, OH 43206
The Schumacher Place Multifamily Property at 497 Sycamore St, Columbus, OH 43206 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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