3400 Camp Chase Drive Pending

Columbus,OH 43204

$ 1150000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Midrise

Listing Status Pending

Purchase Type For Sale

Subdivision 18 - 1-Bedroom Units 0N 3 Floors

MLS Listing ID 224042254

Year Built 1963

Annual Tax Amount $10,370

Lot Size 0.410 Acres

Property Description

18 - 1 BR units at the NE corner of Camp Chase Dive and Derrer Road. 6 units per floor in 2,5 story midrise. 100% current occupancy - market rates $750/unit - upside potential to $162,000. 2023 gross $132.048. 2024 estimated gross +/- $146,000. Out of state absentee owner of over 50 year manages property. Great upside!! Located near Great Western Shopping Center @ Wilson & W. Broad. Tenants pay electric and gas. Units have window/sleeve air conditioning units. Newer paved parking in rear at Camp Chase Trail. HUGE upside with new owner/management in place. Units rent quickly. Financials available to qualified buyers NDA and verification of funding. 7,857 square feet building, 3 parcels, .41 acres. PLEASE do not disturb tenants, Asking price $1,150,000 - $63,900 per unit. RARE FIND!!

Location

State OH

County Franklin

Community 18 - 1-Bedroom Units 0N 3 Floors

Area 0.41

Zoning Multifamily

Rooms

Dining Room No

Interior

Heating Forced Air

Cooling Window,Other

Equipment No

Exterior

Parking Features 1 Off Street,Common Area

Schools

High Schools Columbus Csd 2503 Fra Co.

Others

Acceptable Financing Conventional

Listing Terms Conventional

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