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480-490 S Princeton Ave, Columbus, OH 43224

Multiple Family / 6 Bath(s)

Property Status:  Not Available | $141,000.00


Property Photos
480-490 S Princeton Ave (Image - 1)


Cash or Finance:$32.4k Down on $156k Note. Opportunity Zone-Tax Breaks Will Make Your Accountant Happy! Hot Market. Multiple Exit Strategies.


Property Status:
This Property is currently...
  • Status:  Not Available | $141,000.00
Property Details:
Multiple Family / 6 BA
Property Style:
5+ Units
Year Built:
1920
Basement:
Unfinished Basement
Owner / Agent:
Individual Owner
Property Features:
Lots of green space in the rear
Contact Info
Capital City REI Partners, LLC
(614) 915-4324

View on Individual's Website
Property Description:

SELLER FINANCING makes this a great, low-entry cost opportunity. Request term sheet.
CASH PRICE = $141,000
CONTACT LAURA WALLER for full concept and info on financial modeling. 614-915-4324
SUMMARY
• The 6-Unit building is rich with charm and local history. OR Easily set up as 3-unit Triplex.
• Each unit has 2 BR, 1 BA, and is 875 s.f. – not including basement/lower level (ask for drawings for either 6-unit or 3-unit option)
• Located in FRANKLINTON - historic area that is being revitalized rapidly
• Off-street parking in front of building on a dead-end street
MARKET
Artists - Urban Entrepreneurs - Social Enterprise Leaders - Mobile Millennials
• These urban professionals are looking for lower rents than East Franklinton.
• They value green space and a community feel - which this property has in spades!
FLEXIBLE BUSINESS MODEL - let us show you the potential for condo conversion or standard rental



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