10061008 E 16th Avenue

Columbus,OH 43211

$ 275000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 225010204

Year Built 1920

Annual Tax Amount $3,409

Lot Size 3,920 Sqft

Property Sub-Type Duplex

Property Description

2-Unit duplex in Liden, 2,128sqft, 3bed/1batheach.1006 Rented at $1,250/mo (CMHA-authorized to $1,568), 1008 vacant est $1,568/mo—$3,136/mo total potential, yielding 13.7% gross ROI &8.7% cap. Tenant pays utilities, water-sub metered. Upgrades New HVAC, AC, 1008 rehabbed 2023 (new kitchen, bath, carpet , appliances). Linden up 127%since 2020 (Redfin), $50m ONE Linden Plan driving growth—rents est. $3,326/mo & value $294k by year 3 (12.3% return). Ideal for Owner-Occupants to BUILD NET WORTH—live in 1008, rent 1006 for $1,568/mo. Full clean Basement, parking behind unit two spaces, and on street, 4 miles from downtown. Create Net Worth, or and this cash flow gem today.

Location

State OH

County Franklin

Area 0.09

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

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