620 E Town St
Columbus, OH 43215
620 E Town Street Apartments · Multifamily Property For Sale · 18 Units

Marcus & Millichap is proud to present 620 East Town Street Apartments, an 18-unit fully renovated multifamily property in the fast appreciating Columbus, Ohio neighborhood of Discovery District & Topiary Park. The extensive capital improvements made during the renovation process in combination with the highly sought-after location are the catalyst for enormous rental appreciation. The property consists of eighteen large one bedroom units of approximately 500 square feet along with common tenant areas for parking, coin-op laundry, and storage. The property has tenant-paid heating systems, window AC units, while the property owner is responsible for the payment of the water heating, water/sewer and trash expenses. The units have been designed with a “Manhattan loft” style and include stainless steel appliances, brushed nickel door fixtures, brushed nickel plumbing fixtures, electronic combination door locks, ceramic-coated wall/door trim, granite kitchen counter-tops, very attractive cabinetry, new luxury vinyl tile resembling real hardwood, full-size toilet, and high-quality window blinds. Notable Capital Improvements: o Replaced heating systems. o Replaced appliances, including AC units. o Replaced kitchen & bathroom cabinetry. o Replaced counter-tops. o Replaced plumbing lines and fixtures, including toilets. o Replaced flooring. o Replaced lighting fixture, to include ceiling fans. o Replaced roof, gutters, and downspouts. o Replaced asphalt parking area w/new striping (Currently in-progress). o Replaced interior wood trim for all baseboards & doorways. o All interior spaces completely re-painted. o Exterior brick tuck-pointed. o Replaced window blinds. Structure & Mechanical Systems: The property itself is of a brick exterior built on a concrete block foundation, with flat rubber roof. The heating of each unit is gas-supplied at the tenant’s expense with an individual system in each living unit. The water heating is also gas, but supplied from two central water heaters at the owner’s expense. The water and sewer are provided by Franklin County at the owner’s expense, and trash removal is provided by the City of Columbus.