Log In/Sign Up
Your email has been sent.
615-619 Oak St
Columbus, OH 43215
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Quiet area, minutes from downtown Columbus
- Ample parking in rear
- Current monthly gross income is $3,650, with one vacancy asking $1,350 per month; once leased gross income will be $5,000 per month
- 2 units on 1st floor and two on 2nd floor; each two bedrooms at approximately 1,400 SF each
- Three units currently leased, one vacancy
- Please do not disturb the tenants. Call to schedule a walk through
Executive Summary
Introducing a prime investment opportunity in the Columbus area, this mid-rise property offers an ideal multifamily investment with four spacious units. With ample rear parking and a tranquil setting, it presents a compelling investment package. Each of the two-bedroom units ensures comfortable living spaces for tenants. The property's distribution of two first-floor units and two second-floor units adds to its appeal, while the existing below-market rents present a significant value-add opportunity. Currently, three units are leased, underpinning immediate income potential, with one vacancy offering the potential for further optimization.
Property Facts
| Price Per Unit | $160,000 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 6,200 SF |
| No. Units | 4 | Average Occupancy | 50% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Building Class | C | Parking Ratio | 0.65/1,000 SF |
| Zoning | DD - Designed to promote a vibrant, mixed-use urban environment and encourage a mix of residential, commercial, and office uses. | ||
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,200 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.65/1,000 SF |
| Zoning | DD - Designed to promote a vibrant, mixed-use urban environment and encourage a mix of residential, commercial, and office uses. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
Property Taxes
| Parcel Number | 010-038176 | Improvements Assessment | $155,020 |
| Land Assessment | $59,190 | Total Assessment | $214,210 |
Property Taxes
Parcel Number
010-038176
Land Assessment
$59,190
Improvements Assessment
$155,020
Total Assessment
$214,210
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
