1309 -1319 Fair Avenue, Columbus, OH 43205 (MLS # 225020194)
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Introducing a stabilized 20-unit multifamily asset located in desirable Franklin Park. Two ten-unit buildings on two parcels, featuring a unit mix of 8 spacious two bedroom units and 12 efficient one-bedroom units. The property has undergone recent upgrades which include exterior painting, landscaping, renovated kitchens and bathrooms, refreshed parking lot, new commercial entry doors and an inviting pergola that enhances curb appeal and resident satisfaction. This asset offers fully occupied cash flow, with huge upside for value add with strong tenant demand. With rents positioned well below market, this rare opportunity to acquire a turn key building with both in place income and a value add upside. Ideal for investors seeking immediate returns with long-term growth potential in a rapidly appreciating market. Please DO NOT disturb tenants. Tours can be coordinated upon receipt of acceptable LOI
DAYS ON MARKET | 2 | LAST UPDATED | 6/5/2025 |
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TRACT | FRANKLIN PARK | YEAR BUILT | 1959 |
COUNTY | Franklin | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
ADDITIONAL DETAILS | |
AIR CONDITIONING | Yes |
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CONSTRUCTION | Brick |
HEAT | Forced Air |
LOT | 0.46 acre(s) |
SEWER | Public Sewer |
SUBDIVISION | FRANKLIN PARK |
TAXES | 20939 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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Listing provided by Mainstream Realty Pros, Aaron J McDaniel
Listing information is deemed reliable, but not guaranteed.
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