Columbus, OH 43224
- $1,750,000
- List Price
- $1,750,000
- Status
- ACTIVE
- Days on Market
- 73
- Price Change
- ▼ $50,000 1784583456
- MLS#
- 226017433
- Subtype
- Multi-Family
- Year Built
- 1964
- Lot Size
- 15,681
- Acres
- 0.36
- Subdivision
- North Linden
Property Description
Prime investment opportunity for the savvy investor looking to scale their portfolio! This rare offering includes 12 units in the highly desirable and consistently easy-to-rent North Linden area, comprised of six duplex buildings. Each unit features 2 bedrooms, 1.5 baths, a private basement with washer/dryer hookups, and off-street parking for tenants. Six of the twelve units have been fully renovated, while the remaining six are occupied by long-term tenants, providing stable cash flow with additional upside potential through future rent increases to market rates. Current rents average between $1,000-$1,200 per month. Ownership has invested over $400,000 in improvements since acquisition, with a detailed list of updates available in the attached documents. Owner currently pays water and trash; tenants are responsible for all other utilities. A strong value-add opportunity in a growing rental market--ideal for investors seeking both immediate income and long-term appreciation potential. Curb offers only. Please do not disturb tenants.
Additional Information
- Heating
- Forced Air
- Garage
- Common
- School District
- Columbus Csd 2503 Fra Co.
Listing Courtesy of : Elizabeth A Greulich ---- Rich Russo Realty & Co.