143 S Garfield Avenue, Columbus, OH 43205
143 S Garfield Avenue, Columbus, OH 43205
143 S Garfield Avenue, Columbus, OH 43205
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$700,000
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0.29 Acres Lot
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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.

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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Kate Wilson

Kate Wilson

Founder & CEO | BRKABRKP.2015001368

+1(937) 207-7737

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143 S Garfield Avenue