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.
Details
| MLS # | 226017433 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 103 |
| Listing Provided By | Rich Russo Realty & Co. | Elizabeth A Greulich |
Features
| Units | 12 |
|---|---|
| Acreage | 0.36 |
Taxes
| Property | 16884 |
|---|
Area Information
| State | OH |
|---|---|
| City | Columbus |
| Zip Code | 43224 |
| Community Name | North Linden |
| School District | COLUMBUS CSD 2503 FRA CO. |
| High School | COLUMBUS CSD 2503 FRA CO. |
| Listing VS Median (in North Linden) | |
Price: $1,750,000 low | high Med: $195,000 On site: 103 low | high Med: 121 | |
Market Activity 43224
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Learn More About This Property
| State | OH |
|---|---|
| City | Columbus |
| Zip Code | 43224 |
| Community Name | North Linden |
| School District | COLUMBUS CSD 2503 FRA CO. |
| High School | COLUMBUS CSD 2503 FRA CO. |
| Listing VS Median (in North Linden) | |
Price: $1,750,000 low | high Med: $195,000 On site: 103 low | high Med: 121 | |