2407 Summit Street, Columbus, Ohio, United States, 43202

360,000
for Sale

About the property:

Exceptional investment opportunity in the heart of the highly desirable Old North Columbus corridor, perfect for house hacking! Ideally located just minutes from The Ohio State University, Downtown Columbus, and the Short North Arts District, the property benefits from consistent rental demand driven by students, young professionals, and long-term residents seeking convenient access to major employment, dining, and entertainment hubs. The lower unit (Unit 2407) features 1 bedroom and 1 bathroom and is vacant, perfect for an immediate opportunity for an owner-occupant looking to house hack or an investor ready to reposition the unit and adjust the rent to full market value. The upper unit, unit 2407 1/2, features 4 bedrooms and 1 bathroom and is rented for $1,375 per month plus a $75 monthly water/sewer/trash fee through June 30, 2027, providing stable rental income. The property also features a detached garage, offering additional tenant convenience and potential added value. The property has also seen numerous capital improvements and cosmetic updates, including refinished hardwood floors (2025 - lower unit, 2022 - upper unit), new electrical panels for each unit (2022), detached garage rebuild (2021), fresh paint and updated fixtures (2021 - upper unit, 2025 - lower unit), updated vinyl windows (2020), roof replacement(2021), and a chain-link fenced backyard (2022). With its prime central location, strong rental demand, existing occupancy, and extensive recent improvements, this property offers an attractive opportunity for both investors and owner-occupants alike.
Property Type:
Duplex
Status:
for Sale
House Style:
Other
Cross Street:
Clinton Street
Is Convenience:
Yes
Is Entertainment:
Yes
Is Investment:
Yes
Is Market:
Yes
Is Other:
Yes
Is Unit:
Yes
Annual Property Taxes:
5,509
Listing ID:
226028656

Rooms

Dimensions

Brokered by:
Forge Real Estate Advisors
Presented By: