🔥Cash Cow in Columbus!🔥

Franklin County, Columbus, OH, 43223
Sold
Listed at: December 7th, 2023
Price
$140,000
Sq. Footage
864
Type
Multifamily
Parking
Unassigned
Year build
1920
Lot size
2054.00 sqft
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

🥵💦 ARV: $270k - $280k +/- 💦🥵

Repairs Level: Light - Moderate

Market Rent: $2,600-3,000/mo

Key Features:

  • Cosmetic Upgrades Await: Unleash the full potential of this investment by bringing your personal touch. While the wood frame structure ensures a solid foundation, envision cosmetic upgrades transforming this property into a lucrative and aesthetically pleasing asset.
  • Window Unit Comfort: Experience ease of living with the provided window unit for cooling. Although needing cosmetic upgrades, the current setup guarantees a comfortable environment while you plan for potential improvements, ensuring that tenants can enjoy their space year-round.
  • Decade-Old Roof Reliability: Invest with confidence knowing that the roof, only 10 years old, offers reliable protection. This recent addition not only adds value but reflects the property's commitment to durability, making it a secure and sound investment.
  • City Water and Sewer Convenience: City water and sewer services contribute to the convenience of daily living, eliminating the hassle of private utilities. This thoughtful inclusion ensures smooth operations, allowing you to focus on maximizing returns from this promising investment.
  • Generous Lot Area, No Flood Worries: Sprawling across 5,371 sqft, the lot area provides ample space for potential expansion or landscaping improvements. With the added assurance of no flood zone concerns, this property offers both space and safety for future development.
  • Gas Heat Source Efficiency: Benefit from an efficient gas heat source, providing warmth during colder seasons. This feature not only guarantees tenant comfort but also aligns with modern standards of energy efficiency, adding another layer of appeal to your investment.
  • Tenant Occupied, Vacant at Closing: Enjoy immediate returns with the property currently tenant occupied, ensuring a steady income stream. Furthermore, the convenience of the property becoming vacant at closing opens up possibilities for your personalized touch or potential re-leasing, enhancing the flexibility of this investment.

Financing Available - Click Here!

PID # 43544 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Sergio Santa

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