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

PROPERTY FACTS

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

PROPERTY TAXES

Parcel Number
010-027091
Land Assessment
$29,790
Improvements Assessment
$235,940
Total Assessment
$265,730
  • Listing ID: 17514087

  • Date on Market: 10/21/2019

  • Last Updated:

  • Address: 497 Sycamore St, Columbus, OH 43206

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