9-Unit Multifamily Property in Hilltop

563 S Hague Ave Columbus, OH 43204

563 S Hague Ave, Columbus, OH, 43204
563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204 563 S Hague Ave, Columbus, OH, 43204
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$749,000
Last Verified:
Apr 04, 2024

Highlights

  • Newly renovated interior and exterior
  • Just off Sullivant Ave and near Columbus Hilltop Library
  • On-site parking for all residents
  • Rents are currently below market – Upside potential

Description

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Nestled in the vibrant Hilltop submarket of Columbus, 563 S Hague Ave presents a fantastic investment prospect for investors seeking stable cash flow and growth potential.

This newly renovated, 9-unit apartment building is fully occupied and offers immediate income generation.

Each of the units are 1-bedroom / 1-bathroom and have been recently renovated to meet modern tenant expectations.

The property is located in the Hilltop submarket and situated just off Sullivant Ave, near the Columbus Hilltop Library, and nestled among a number of elementary and high schools.

Upside Potential to increase to Market Rent. Rents are currently below market value.

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Year Built: 1964
Building Size: 4620sq ft
Lot Size: 4470.0 acres

Map of 563 S Hague Ave, Columbus, OH, 43204

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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