2373 Belcher Drive, Columbus, OH 43224
2373 Belcher Drive, Columbus, OH 43224
2373 Belcher Drive, Columbus, OH 43224
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$2,450,000
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0.88 Acres Lot
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2373 Belcher Drive Columbus, OH 43224

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226036516

Year Built 1975

Annual Tax Amount $1,617

Lot Size 0.880 Acres

Lot Dimensions 0.88

Property Sub-Type Townhouse

Source Columbus and Central Ohio Regional MLS

Property Description

Rare opportunity to acquire a substantially improved 25-unit townhome-style apartment community near Easton Town Center. The property features a desirable mix of studio, 1-, 2- and 3-bedroom units, spacious layouts and private full basements. 21 of 24 units have recently been turned/renovated, providing a strong foundation for a new owner with additional upside.
PROPERTY HIGHLIGHTS: New parking lot; newer roof (less than 10 years); new windows; central air; combination of baseboard and boiler heat; luxury vinyl plank flooring; updated kitchens, cabinets and appliances; updated bathrooms and fixtures; washer/dryer hookups; and professionally maintained grounds.
CONDO CONVERSION: Property has been converted to a condominium structure, which may provide an opportunity for favorable property-tax treatment compared with traditional multifamily assessment, subject to applicable tax treatment and individual unit assessments. Buyers should verify tax implications with their advisors.
PRIME LOCATION: Conveniently located near Easton Town Center, shopping, restaurants, parks, entertainment and major employment centers, with easy access to I-71 and I-270.
SIGNIFICANT CAPITAL IMPROVEMENTS + UPSIDE: Much of the renovation work is already complete, offering investors an opportunity to acquire a substantially improved community with potential for continued leasing and operational upside. Financials, rent roll and additional information available to qualified buyers.
**315 total units available**

Location

State OH

County Franklin

Area 0.88

Zoning AR-1

Rooms

Other Rooms None

Dining Room No

Interior

Heating Hot Water

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-343217

Acceptable Financing Conventional

Listing Terms Conventional


Listed by John J Harrison Endurance Realty & Investments

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Rita Boswell

Rita Boswell

Agent OH 2011003086

+1(614) 767-5353

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2373 Belcher Drive