BEDS0
BATHS
MLS#226022353
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONClevelawn
SCHOOLCOLUMBUS CITY
Property Description
INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one.The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents.With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside.Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity.
Property Features
Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.16 Acres
Taxes: $3,176
Year Built: 1964
Feature Descriptions
Days on Site: 103
Parcel #: 010-081088
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Local Schools
School District: COLUMBUS CITY
Listed By / Shown By
Listed By
Agency Name: Key Realty
Agent Name: Jerry Auger
Shown By
Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Estimate Your Payment
Estimated Payment
$ 2,612.93 per month $2,231.89 Principal & Interest $264.67 Property Tax $116.38 Homeowner's Insurance
1878 Eddystone Avenue, Unit a-b-c | MLS# 226022353
This multi-family property located at 1878 Eddystone Avenue, Unit a-b-c, Columbus, OH 43224 is currently listed for sale by Key Realty, with an asking price of $399,000. Eddystone Avenue, Unit a-b-c is located within the COLUMBUS CITY school district. Search Columbus real estate on www.lydiawalls.com today.