24
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$399,800
Est. payment /mo
5,227 Sqft Lot
New
Columbus, OH 43223
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226021229
Year Built 1910
Annual Tax Amount $3,383
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Attention investors and owner-occupants -- this is the one. Solid all-brick, 4-unit multifamily on the west side of Columbus, listed at $399,800 with three tenants already in place and a fourth unit vacant and ready for you or a new tenant.
Every unit is a fully renovated 2BD/1BA featuring new LVT flooring, updated kitchens with shaker cabinets and new countertops, fully renovated bathrooms, and major mechanical upgrades already completed. Washer/dryer hookups in every unit. Dedicated off-street parking lot on site. No deferred maintenance. No repositioning required.
Current gross rent from the three occupied units is $2,895/month. With Unit 170 -- fully turned and move-in ready -- projected at $975/month, fully occupied gross rent exceeds $44,000 annually. The income is already working. The upside is right in front of you.
Owner-occupants: live in one unit while three neighbors cover your mortgage. Investors: add a stabilized, cash-flowing asset to your portfolio without touching a single thing on day one.
Turnkey deals in this condition don't last.
Every unit is a fully renovated 2BD/1BA featuring new LVT flooring, updated kitchens with shaker cabinets and new countertops, fully renovated bathrooms, and major mechanical upgrades already completed. Washer/dryer hookups in every unit. Dedicated off-street parking lot on site. No deferred maintenance. No repositioning required.
Current gross rent from the three occupied units is $2,895/month. With Unit 170 -- fully turned and move-in ready -- projected at $975/month, fully occupied gross rent exceeds $44,000 annually. The income is already working. The upside is right in front of you.
Owner-occupants: live in one unit while three neighbors cover your mortgage. Investors: add a stabilized, cash-flowing asset to your portfolio without touching a single thing on day one.
Turnkey deals in this condition don't last.
Location
State OH
Area 0.12
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling None
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-051601-00
Acceptable Financing Other, FHA, Conventional
Listing Terms Other, FHA, Conventional
Listed by Bradley Clarizio Red 1 Realty
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