Active

484-498 Forest Street

Columbus OH, 43206

$3,400,000


Active

Multi-family

Built in 1975

Courtesy of Daniel J Lim - Lim Realty Group

Tax abatement pending, remodeled 16-unit apartment complex located in Schumacher Place. Ready for a turn-key or 1031 investor looking for a newly finished multi-family asset. Completed at the end 2024, the buildings have all new windows, roof, siding, doors and M/E/Ps. Eight 1 bed/1 bath flats, four 2 bed/1 bath flats and four 2 bed/1 bath townhomes all feature vinyl plank flooring, LED lighting, white shaker cabinets, granite countertops, stainless appliances and in unit washers/dryers. Professional management in place that is set up for both short and long term rentals. Close proximity to Downtown Columbus, Nationwide Children's Hospital and the shops/restaurants in German Village.

225001534

MLS ID

January 17, 2025

Listed

February 20, 2025

Updated

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Central, Other


Heating

Yes


Heating Description

Forced Air, Oil

Exterior/Building Features

Lot Size

0.39 Acres


Sewer

Public Sewer

School Information

School District

COLUMBUS CSD 2503 FRA CO.

Other Property Details

Taxes

$24,308


Tax Frequency

Annually


Days on Market

35


Garage

No


Parking

Assigned


View

No


County

Franklin


Municipality

None


Pool

No


Utilities

Electric, Water

Listing History

Date

Event

Price

2/15/2025

Price change

$3,400,000

-2%

 

Courtesy of Daniel J Lim - Lim Realty Group 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Seth Janitzki shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Copyright: 2025 by Columbus and Central Ohio Regional MLS. All rights reserved.

 

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