944 Hamlet Street

Columbus OH 43201

8712 sq. ft.

Apartment

Currently for sale - view listing

Overview

100% 15-YEAR TAX ABATEMENT PENDING! 12-unit brick multifamily asset in the heart of historic Italian Village, steps from the Short North. Brick buildings on three parcels: 944-952 1/2 Hamlet St & 181-183 1/2 E 2nd Ave. Large studio flats averaging approx. 625 SF, with hardwood floors, original millwork and doors, decorative fireplaces, covered front porches, and a rear courtyard space accessible from all units. All 12 units were recently updated with new electrical panels and forced-air central A/C and furnaces; 10 of 12 units have in-unit washer/dryer hookups, and the exteriors were freshly painted. Common basements offer additional washer/dryers and tenant storage. 10 units are leased at an average of $1,175/mo, and the remaining two are renovated and actively for lease. 3 legacy units at $895-$1,025 have leases expiring in 2027, offering near-term upside. Extremely walkable to Jeffrey Park, Italian Village, and the Short North, with quick access to Downtown, Ohio State, and I-670.