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$ 650,000
Est. payment | /mo
7,840 Sqft Lot
$ 650,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Eastmoor
MLS Listing ID 226030128
Year Built 1942
Annual Tax Amount $8,592
Lot Size 7,840 Sqft
Lot Dimensions 0.18
Property Sub-Type Apartment
Source Columbus and Central Ohio Regional MLS
Property Description
Excellent investment opportunity in highly desirable South Eastmoor! This well-maintained, all-brick four-unit property offers a strong combination of existing rental income, quality improvements, and long-term investment potential. Each of the four spacious units features 2 bedrooms and 1 full bath, with three currently rented at $985, $995, and $975 per month and one unit vacant--providing immediate opportunity to lease at current market rent or accommodate an owner-occupant.
The property has been thoughtfully updated while maintaining its original character. Units feature refinished hardwood floors, decorative fireplaces, separate dining rooms, and updated kitchens with soft-close cabinetry, granite countertops, and stainless steel appliances. Additional capital improvements include newer windows, updated bathrooms, and all HVAC systems replaced between 2017 and 2021, and 3 water heaters are less than 1 year old.
The large, clean basement provides four individual laundry areas and private storage for each unit, while four detached one-car garage spaces offer additional tenant amenities and potential income opportunities.
With its all-brick construction, slate roof, significant updates, established rental income, Columbus taxes, and desirable South Eastmoor location, this property presents an attractive opportunity for investors looking to add a quality multi-family asset to their portfolio. Turnkey income today with additional upside potential for tomorrow.
The property has been thoughtfully updated while maintaining its original character. Units feature refinished hardwood floors, decorative fireplaces, separate dining rooms, and updated kitchens with soft-close cabinetry, granite countertops, and stainless steel appliances. Additional capital improvements include newer windows, updated bathrooms, and all HVAC systems replaced between 2017 and 2021, and 3 water heaters are less than 1 year old.
The large, clean basement provides four individual laundry areas and private storage for each unit, while four detached one-car garage spaces offer additional tenant amenities and potential income opportunities.
With its all-brick construction, slate roof, significant updates, established rental income, Columbus taxes, and desirable South Eastmoor location, this property presents an attractive opportunity for investors looking to add a quality multi-family asset to their portfolio. Turnkey income today with additional upside potential for tomorrow.
Location
State OH
County Franklin
Community Eastmoor
Area 0.18
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.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-054785
Acceptable Financing FHA, Conventional
Listing Terms FHA, Conventional
Listed by Racquel M Ludaway Keller Williams Consultants
Nearby School & Business