293 & 295 W Park Avenue, Columbus, OH 43223

Property Description

Incredible investment opportunity in the heart of Franklinton! Own two side-by-side, updated condos offered together at one price. Fully rehabbed inside and out in 2022, these properties are ideal for investors or owner-occupants looking to live in one unit while generating rental income from the other. A pending tax abatement is expected to be finalized by the end of 2026, offering potential additional savings. Step inside to find original charm blended with modern style, featuring exposed brick, contemporary lighting, and durable LVP flooring. The spacious eat-in kitchen is perfect for entertaining, with abundant cabinetry, stainless steel appliances, and a beverage cooler. Beautiful hardwood stairs lead to the second floor, featuring two spacious bedrooms, TWO full bathrooms, and convenient second-floor laundry. Enjoy low-maintenance living with ALL NEW windows, roof, siding, and front and back porches in 2022. Additional updates include a 2022 HVAC system and water heater, new exterior water lines on each parcel, and replaced sewer lines. 293 W Park is currently rented for $1,500/month, with the tenants responsible for all utilities. 295 W Park is vacant and ready for its next occupant or owner; however, the refrigerator, wine cooler, and AC unit need replacement. Formerly configured as a duplex, the property has been separated into two condominium units, creating a unique opportunity to purchase both sides as a package. Whether you're expanding your investment portfolio or seeking a home with rental income potential, this is an opportunity worth exploring! 293 W Park Avenue and 295 W Park Avenue are being sold together and must be purchased in the same transaction. Tax abatement is pending and subject to finalization.