1600 N 27th Street
Property Description
14-unit multifamily in north Columbus, just off 14th Ave N. Built in the 1980s, priced at $475,000, with a ton of upside for the right investor. The mix is 12 two-bedroom units and 2 one-bedroom units, all 1 bath. Two units are rented and 12 are vacant, so you're buying a building with room to grow and not much income to protect. Let's be real: it needs work. This is a value-add deal, and there's a lot of value to add. Bring a contractor, bring a plan, and bring your own vision for the rehab. Why it works for the right buyer: 14 units under one roof, 12 ready to be renovated and lease. It's not a turnkey deal, and it's not meant to be. Come see it, walk the units, and run your numbers.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $475,000 |
| Lot Size: | 5,168.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-GTARMS-26-2426
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
14106 W CLUB DELUXE Road
Hammond, Louisiana
111 31st St, Unit 0
Mexico Beach, Florida
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout