See all 45 photos
$700,000
Est. payment /mo
0.29 Acres Lot
Active
143 S Garfield Avenue Columbus, OH 43205
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
Subdivision Olde Towne East
MLS Listing ID 226025758
Year Built 1998
Annual Tax Amount $9,039
Lot Size 0.290 Acres
Lot Dimensions 0.29
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Rare redevelopment opportunity in historic Olde Towne East, just minutes from Downtown Columbus. This massive four unit property offers approximately 6,569 square feet of planned living space and significant upside for an investor, developer, or builder ready to complete the renovation.
Approximately 40 to 50 percent of the work has been completed. Updated architectural plans reimagine the building as four spacious residences with modern layouts, large windows, private porch or balcony areas, generous living spaces, and desirable amenities. Improvements completed or underway include a new roof, two new furnaces, new plumbing, updated electrical, fresh exterior paint, extensive framing, and separate utility metering for each unit.
Planned layouts include:
(Unit A: 1,913 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit B: 1,834 square feet, 3 bedrooms, 2.5 bathrooms)
(Unit C: 1,482 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit D: 1,340 square feet, 2 bedrooms, 2.5 bathrooms)
The property also offers five garage spaces, including a three car detached garage and a planned two car attached garage, plus gated entry, a fenced 0.29 acre lot, and room for additional off street parking.
According to the seller, the property appraised for nearly $1,000,000 before renovations began. The seller has also been advised that the City may allow the units to be sold individually as condominiums, creating an additional potential exit strategy. Buyer to independently verify zoning, permits, approvals, square footage, plans, and intended use.
Located in one of Columbus' most historic and architecturally distinctive neighborhoods, this property offers convenient access to Downtown Columbus, dining, entertainment, hospitals, employment centers, and major highways. Blueprints and architectural plans are available.
Approximately 40 to 50 percent of the work has been completed. Updated architectural plans reimagine the building as four spacious residences with modern layouts, large windows, private porch or balcony areas, generous living spaces, and desirable amenities. Improvements completed or underway include a new roof, two new furnaces, new plumbing, updated electrical, fresh exterior paint, extensive framing, and separate utility metering for each unit.
Planned layouts include:
(Unit A: 1,913 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit B: 1,834 square feet, 3 bedrooms, 2.5 bathrooms)
(Unit C: 1,482 square feet, 2 bedrooms, 2.5 bathrooms)
(Unit D: 1,340 square feet, 2 bedrooms, 2.5 bathrooms)
The property also offers five garage spaces, including a three car detached garage and a planned two car attached garage, plus gated entry, a fenced 0.29 acre lot, and room for additional off street parking.
According to the seller, the property appraised for nearly $1,000,000 before renovations began. The seller has also been advised that the City may allow the units to be sold individually as condominiums, creating an additional potential exit strategy. Buyer to independently verify zoning, permits, approvals, square footage, plans, and intended use.
Located in one of Columbus' most historic and architecturally distinctive neighborhoods, this property offers convenient access to Downtown Columbus, dining, entertainment, hospitals, employment centers, and major highways. Blueprints and architectural plans are available.
Location
State OH
County Franklin
Community Olde Towne East
Area 0.29
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 010-023027
Acceptable Financing Owner Financing, Other, Conventional
Listing Terms Owner Financing, Other, Conventional
Listed by Aric J Gibson New Directions Realty, LLC
NEARBY SCHOOL & BUSINESS
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