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4 Unit Multi Family & Retail Space 3440-3448 Briggs Rd

6 Unit Block of Flats £330,591 (£55,098/Unit) 6% Net Initial Yield Columbus, OH 43204

Investment Highlights

  • Well maintained Units
  • Convenient to public transportation
  • Retail space in high traffic area

Executive Summary

Welcome to an exceptional investment opportunity. This versatile commercial building offers the perfect blend of retail and residential spaces, making it an ideal property for savvy investors and business owners alike.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income £31,828 £7.80
Other Income - -
Vacancy Loss - -
Effective Gross Income £31,828 £7.80
Taxes - -
Operating Expenses - -
Total Expenses £12,436 £3.05
Net Operating Income £19,392 £4.75

Financial Summary (Actual - 2022)

Gross Rental Income
Annual £31,828
Annual Per SF £7.80
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £31,828
Annual Per SF £7.80
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £12,436
Annual Per SF £3.05
Net Operating Income
Annual £19,392
Annual Per SF £4.75

Property Facts

Price £330,591 Apartment Style Low Rise
Price Per Unit £55,098 Lot Size 0.20 AC
Sale Type Investment Building Size 4,080 SF
Net Initial Yield 6% Average Occupancy 100%
No. Units 6 Number of Floors 2
Property Type Residential Year Built 1971
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Price £330,591
Price Per Unit £55,098
Sale Type Investment
Net Initial Yield 6%
No. Units 6
Property Type Residential
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Lot Size 0.20 AC
Building Size 4,080 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1971

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 4 - -

Links

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PROPERTY TAXES

Parcel Number 010-106691 Improvements Assessment £35,844 (2023)
Land Assessment £7,267 (2023) Total Assessment £43,111 (2023)

PROPERTY TAXES

Parcel Number
010-106691
Land Assessment
£7,267 (2023)
Improvements Assessment
£35,844 (2023)
Total Assessment
£43,111 (2023)

zoning

Zoning Code C3 (Commercial)
C3 (Commercial)
(614) 560-6655

  • Listing ID: 32973595

  • Date on Market: 27/08/2024

  • Last Updated:

  • Address: 3440-3448 Briggs Rd, Columbus, OH 43204

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© 2024 CoStar Group

4 Unit Multi Family & Retail Space | 3440-3448 Briggs Rd
(614) 560-6655 x

4 Unit Multi Family & Retail Space | 3440-3448 Briggs Rd

Molly Morgan

(614) 560-6655

(614) 560-6655

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