17
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$225,000
Est. payment /mo
0.35 Acres Lot
Active Under Contract
3490 Clarkston Avenue Columbus, OH 43232
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 225023375
Year Built 1973
Annual Tax Amount $3,064
Lot Size 0.350 Acres
Lot Dimensions 0.35
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
Fully occupied, cash flowing duplex, with big upside potential! The property is located on a large corner lot with more than 1/3 acre of land. Each townhome style unit offers 2-stories, 2 bedrooms, 1 bathroom, a full basement, 2-off street parking spaces (per side), and a large private yard space. The property is currently 100% occupied. Rents are below market at $900/mo plus utilities. Leases are month-to-month, making this investment possible for both investors and owner occupants. This is a turn-key duplex with cash flow in place. Savvy investor can take advantage of this value add opportunity by making improvements and raising rents to market rates. Some repairs and maintenance will be needed. It is priced to reflect that. INVESTORS: this property could make a great candidate for BRRR strategy. It could achieve the 1% rule if rents are increased fair market value. CURB OFFERS only at this time.
Location
State OH
County Franklin
Area 0.35
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 010-149951
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Robert W Calabro OwnerLand Realty, Inc.