3400 Camp Chase Drive, Columbus, OH 43204

$1,100,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,100,000
List Price
$1,150,000
Status
CLOSED
Days on Market
73
Closing Date
Feb 14, 2025
MLS#
224042254
Subtype
Multi-Family
Year Built
1963
Lot Size
17,859
Acres
0.41
Subdivision
18 - 1-Bedroom Units 0n 3 Floors

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!!

Additional Information

Heating
Forced Air
Garage
Common
School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Gregory J Hrabcak ---- Hanna Commercial, LLC

Selling Office: Red 1 Realty.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks