25
See all 25 photos
$279,900
Est. payment /mo
3,049 Sqft Lot
Active
8587 N Yale Avenue Columbus, OH 43222
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226005663
Year Built 1910
Annual Tax Amount $2,484
Lot Size 3,049 Sqft
Lot Dimensions 0.07
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
**A Smart Investment Opportunity Awaits**
Welcome to your next income-generating gem in the heart of Columbus! This multi-family property offers a fantastic opportunity for investors and owner-occupants alike. With three bedrooms and one bathroom on each side, this duplex is perfectly positioned to deliver steady rental income while keeping your purchase price accessible.
The numbers don't lie. Each side of the duplex brings in $1,550 per month, with a potential for $3,100 monthly (one side is currently vacant) and $36,000 in potential gross annual rental income. At this price point, factoring in 30% in operating expenses, that translates to an impressive 8.5%-9% capitalization rate when fully occupied. Whether you choose to live in one unit and rent the other, or collect rent from both sides, this property puts your money to work from day one. Few investments offer this kind of immediate cash flow potential without breaking the bank.
Please see A2A for more details about income and expenses.
Schedule your private showing today and start building your portfolio tomorrow!
*Please do not disturb tenants on occupied side 87*
Welcome to your next income-generating gem in the heart of Columbus! This multi-family property offers a fantastic opportunity for investors and owner-occupants alike. With three bedrooms and one bathroom on each side, this duplex is perfectly positioned to deliver steady rental income while keeping your purchase price accessible.
The numbers don't lie. Each side of the duplex brings in $1,550 per month, with a potential for $3,100 monthly (one side is currently vacant) and $36,000 in potential gross annual rental income. At this price point, factoring in 30% in operating expenses, that translates to an impressive 8.5%-9% capitalization rate when fully occupied. Whether you choose to live in one unit and rent the other, or collect rent from both sides, this property puts your money to work from day one. Few investments offer this kind of immediate cash flow potential without breaking the bank.
Please see A2A for more details about income and expenses.
Schedule your private showing today and start building your portfolio tomorrow!
*Please do not disturb tenants on occupied side 87*
Location
State OH
County Franklin
Area 0.07
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air, Hot Water
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-030197
Acceptable Financing Other, Conventional
Listing Terms Other, Conventional
Listed by Katharine A Blades Coldwell Banker Realty
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