43
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$399,000
Est. payment /mo
2,178 Sqft Lot
Price Dropped by $326K
1085-1087 E Sycamore Street Columbus, OH 43206
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226026846
Year Built 1919
Annual Tax Amount $3,313
Lot Size 2,178 Sqft
Lot Dimensions 0.05
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
fully renovated duplex offering a strong opportunity for investors or owner-occupants. Renovated from the studs in 2023, the property features approximately 2,356 total square feet with 3 bedrooms and 1.5 bathrooms on each side.
Both units are currently tenant occupied, with leases ending at the end of September, providing flexibility for a new owner to re-lease at market rates, occupy one or both units, or pursue a house-hacking opportunity.
A major benefit is the property's 15-year tax abatement, currently extending through approximately 2039.
Additional Package Opportunity: The sellers are also willing to sell an additional house and the adjacent lot together with the duplex, allowing a buyer to acquire the entire corner for $725,000. The package provides multiple existing properties along with additional land with development potential, creating an opportunity for an investor to control the entire corner and explore future expansion or development.
Both units are currently tenant occupied, with leases ending at the end of September, providing flexibility for a new owner to re-lease at market rates, occupy one or both units, or pursue a house-hacking opportunity.
A major benefit is the property's 15-year tax abatement, currently extending through approximately 2039.
Additional Package Opportunity: The sellers are also willing to sell an additional house and the adjacent lot together with the duplex, allowing a buyer to acquire the entire corner for $725,000. The package provides multiple existing properties along with additional land with development potential, creating an opportunity for an investor to control the entire corner and explore future expansion or development.
Location
State OH
County Franklin
Area 0.05
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-004267
Listed by Ines Hilaman Red 1 Realty
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