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$ 1,275,000
Est. payment /mo
New
11061116 Parsons Avenue Columbus, OH 43206
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225039057
Year Built 1925
Annual Tax Amount $15,966
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
Property Description
Exceptional 6-unit investment opportunity - Curb Offer Only - 100% Occupied. Fully renovated in 2022, this turnkey multifamily property offers stable cash flow and strong upside in a rapidly developing corridor just minutes from Downtown Columbus and Nationwide Children's Hospital. Situated on separate parcels, providing added flexibility for future refinancing, individual resale, or redevelopment potential.
Major capital improvements completed 2023-2025, including full electrical panel replacements in all six units (May 2025, $15,000 investment) bringing property to full code compliance and reducing insurance premiums from $700/month to $214/month -- approximately $5,800 in annual expense savings and immediate NOI improvement. Additional updates include new furnaces (Units 1106, 1110, 1116), new dishwashers (1106, 1108, 1110, 1112, 1116), new washer & dryer in Unit 1110 (landlord-owned), new water heater (1110), and new A/C unit (1112).
Well-maintained, income-producing asset with modern finishes, updated mechanicals, and strong rental demand. Ideal addition for investors seeking stabilized returns in a high-growth Columbus market. Serious inquiries only.
Major capital improvements completed 2023-2025, including full electrical panel replacements in all six units (May 2025, $15,000 investment) bringing property to full code compliance and reducing insurance premiums from $700/month to $214/month -- approximately $5,800 in annual expense savings and immediate NOI improvement. Additional updates include new furnaces (Units 1106, 1110, 1116), new dishwashers (1106, 1108, 1110, 1112, 1116), new washer & dryer in Unit 1110 (landlord-owned), new water heater (1110), and new A/C unit (1112).
Well-maintained, income-producing asset with modern finishes, updated mechanicals, and strong rental demand. Ideal addition for investors seeking stabilized returns in a high-growth Columbus market. Serious inquiries only.
Location
State OH
County Franklin
Area 0.15
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-026752
Listed by Nasser Hussain Fiv Realty Co Ohio LLC
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