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$ 219,997
Est. payment | /mo
5,662 Sqft Lot
$ 219,997
Est. payment | /mo
5,662 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Linden
MLS Listing ID 226001072
Year Built 1942
Annual Tax Amount $2,210
Lot Size 5,662 Sqft
Lot Dimensions 0.13
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
1088 E 22nd Ave / 1942 Hamilton Rd | Columbus, OH 43211. Fully Renovated Duplex | Turn-Key Investment | Strong Cash Flow. Great opportunity to acquire a 100% renovated duplex with long-term, on-time tenants already in place. This property was completely renovated in 2021, offering peace of mind and minimal future capital expenses. It's an excellent addition to any investment portfolio. Did I mention CHEAP taxes of $2,217.12 a year?
Property Overview: Duplex: 2 bedrooms / 1 bathroom per unit. Fully renovated in 2021.
Rents: $1,050 per unit + $50/month water.
Total gross rent: $2,100/month + water reimbursement. Tenants pay AEP electric & Columbia Gas. Owner bills Columbus Water via $50/month ledger. Long-term tenants who pay on time. Lease Information: 1088 E 22nd Ave: Lease re-signed 2/1/2026 - 1/31/2027 (move in 1/16/2023.)1942 Hamilton Rd: Tenant moved in 9/1/2024 - lease through 8/31/2026. Renovation Details (2021 - Fully Updated.) New flooring throughout. Fresh interior paint. Updated kitchens with white shaker cabinets and granite countertops. Completely remodeled bathrooms, including: New toilets, vanities, tubs, faucets.
New plumbing. Tile surrounds and new bathroom flooring. All new lighting and plumbing fixtures. New outlets and switches throughout.
New interior doors, window trim, and floor trim.
Hard-wired smoke detectors. Extensive electrical and plumbing updates.
Location Highlights: Directly across the street from Hamilton STEM Academy.
Approximately 1 mile from the new Linden Community Center, featuring: State-of-the-art fitness center, Indoor walking track, Gymnasium and sports courts, Community meeting rooms,
Youth and senior programming.
Convenient access to: Downtown Columbus: I-71 and I-670: Public transportation: Shopping, schools, and neighborhood amenities.
Why This Property? Turn-key, no deferred maintenance. Strong cash flow from day one!
Professionally managed, and mgmt can stay.
Property Overview: Duplex: 2 bedrooms / 1 bathroom per unit. Fully renovated in 2021.
Rents: $1,050 per unit + $50/month water.
Total gross rent: $2,100/month + water reimbursement. Tenants pay AEP electric & Columbia Gas. Owner bills Columbus Water via $50/month ledger. Long-term tenants who pay on time. Lease Information: 1088 E 22nd Ave: Lease re-signed 2/1/2026 - 1/31/2027 (move in 1/16/2023.)1942 Hamilton Rd: Tenant moved in 9/1/2024 - lease through 8/31/2026. Renovation Details (2021 - Fully Updated.) New flooring throughout. Fresh interior paint. Updated kitchens with white shaker cabinets and granite countertops. Completely remodeled bathrooms, including: New toilets, vanities, tubs, faucets.
New plumbing. Tile surrounds and new bathroom flooring. All new lighting and plumbing fixtures. New outlets and switches throughout.
New interior doors, window trim, and floor trim.
Hard-wired smoke detectors. Extensive electrical and plumbing updates.
Location Highlights: Directly across the street from Hamilton STEM Academy.
Approximately 1 mile from the new Linden Community Center, featuring: State-of-the-art fitness center, Indoor walking track, Gymnasium and sports courts, Community meeting rooms,
Youth and senior programming.
Convenient access to: Downtown Columbus: I-71 and I-670: Public transportation: Shopping, schools, and neighborhood amenities.
Why This Property? Turn-key, no deferred maintenance. Strong cash flow from day one!
Professionally managed, and mgmt can stay.
Location
State OH
County Franklin
Community Linden
Area 0.13
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-079415
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Tristam Griffith Cap Rate Realty