1537-1539 Franklin Avenue
Property Description
Attention investors! Fully rented two-family on Franklin Ave in Olde Towne East, steps from Franklin Park and the Franklin Park Conservatory and a short walk to the Trolley District, where the historic trolley barns are now East Market, the Columbus Brewing Company Beer Hall, Local Cantina, and the Railhouse bar. Minutes from downtown Columbus, in a neighborhood with a decade of strong appreciation. Fully renovated in 2015. Each unit has 2 bedrooms, 1 bath, second-floor laundry, and its own entrance. Both units are leased into mid-2027 and bring in $3,125/month combined. The CRA tax abatement runs through tax year 2026, with current taxes about $2,853/yr. The deep fenced backyard sits on R3-zoned land, with potential for a backyard ADU (accessory dwelling unit). Tenant-occupied; showings require advance notice. Please do not disturb the residents.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $399,000 |
| No. of Units: | 2 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Price per unit: | $199,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 0 |
ID: 3yd-CCOMLSOH-226038404
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
6663 Maple Canyon Avenue, Unit 6665
Columbus, OhioBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout