Property Description
Turnkey Franklin Park Investment Opportunity with Unmatched Park Views! Discover a rare opportunity to own a beautifully updated brick double directly across from Columbus' iconic Franklin Park, with front-porch views of the historic 88-acre park, Franklin Park Conservatory and Botanical Gardens. Featuring over $200,000 in recent improvements, this exceptional property offers two spacious residences, each with more than 2,100 square feet, expansive living and entertaining areas, 3 bedrooms, 2.5 baths, a kitchen and dining area, plus an unfinished full basement. Currently operating as a successful short-term rental, the property benefits from its proximity to the Conservatory, a sought-after destination for weddings, special events, seasonal exhibits and botanical experiences that attract visitors throughout the year. Just steps away, East Market offers a vibrant mix of local restaurants, food vendors and gathering spaces, with options ranging from morning coffee and breakfast to lunch, dinner and evening outings. Enjoy year-round recreation, walking paths, gardens and community events in Franklin Park, along with convenient access to nearby OSU East Hospital, downtown Columbus and the many restaurants, entertainment venues and cultural destinations of the Near East Side. For investors, the property offers flexibility as a furnished short-term rental or a potential long-term rental, with projected rents of $2,600-$2,800 per unit per month. Owner-occupants can live in one residence while generating income from the other, or enjoy the space and flexibility of a two-unit property in a distinctive urban setting. Located in Franklin Park South's Trolley District, this is a compelling opportunity to combine location, lifestyle and income potential. All furnishings are included at the list price, making this a truly exceptional opportunity. Peak months bring in $10,000+ per month as short term rental.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 12
Heating: Forced Air, Hot Water
Lot Size: 0.08 Acres
Taxes: $5,024
Year Built: 1904
Local Schools
School District: COLUMBUS CITY
1649-1651 Franklin Park S | MLS# 226038639
This multi-family property located at 1649-1651 Franklin Park S, Columbus, OH 43205 is currently listed for sale by Cutler Real Estate, with an asking price of $775,000. 1649-1651 Franklin Park S is located within the COLUMBUS CITY school district. Search Columbus real estate on www.kaszycarealestate.com today.