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Street View
$725,000
-- Bed
- -- Bath
--sqft
1084-1086 E Hudson St, Columbus, OH 43211
$725,000
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Mixed Use
Built in 1940
$-- HOA
3,484.8 sqft lot
--/sqft
Description
Mixed-use value-add -- thirteen 1BR/1BA units plus one commercial storefront, twelve residential units delivered vacant.
This is a heavy value-add project, not a stabilized asset. The twelve vacant residential units require substantial renovation before they can be leased, and pricing reflects that condition. Buyers should underwrite a full gut-and-turn budget across the vacant unit mix plus a realistic lease-up period.
In-place income is one residential unit at $700/month and the commercial suite leased to MetroPCS at $1,300/month, both month-to-month. A recent appraisal concluded an as-is value of $800,000 for the residential component; the commercial suite was e...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
3,484.8 sqft lot
Basement Area
- sqft
MLS Name
Columbus and Central Ohio Regional MLS
MLS Number
226032175
MLS Status
Active
Days on Market
1
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