113 E Sycamore Street #111

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113 E Sycamore Street #111

Columbus, OH 43206
Asking Price
$875K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Columbus, Ohio
  • Asset consists of two total residential units
  • Current asking price for the property is 874,900 dollars
  • Property is situated in the active 43206 zip code
  • Investment represents a stable housing option for the submarket

What's Special

Columbus serves as a primary economic anchor in the Midwest, characterized by its diverse population and a robust base of major corporate employers. Situated within the German Village and Brewery District area, 113 E Sycamore Street #111 benefits from proximity to established residential neighborhoods and vibrant urban activity in the 43206 zip code. This multifamily asset consists of a two-unit apartment building, providing a consistent investment vehicle within this growing metropolitan market. The layout and scale of this property make it suitable for investors seeking to maintain a stable housing footprint in a highly walkability-focused district. Capitalizing on the consistent demand for rental housing in this central Ohio hub, the building represents a manageable addition to a residential portfolio in a historically significant and thriving urban setting.

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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,328.528
Annual Cash Flow
$28,057.666

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