Extremely well maintained & improved Brick 8 Unit in the heart of Olde Towne East. 100% leased. $5,745/mo Gross Rents ($68,940/year) + tenants pay all utilities. Rents from $585-850/mo (Ave Rent = $718/mo). 6.94% Current Cap Rate. 7 units on M2M leases. All identical 1 BR/1BA garden units (529 SF/Unit). Keypad access gated extensively landscaped courtyard. Full remodel everything (2003) by longtime owner. 10 car parking lot complete asphalt replacement (2018). Roof (2014). New flooring (past 5-7 yrs). Coin-op Laundry (2020) in basement + storage room is ideal for tenant storage units. Tremendous upside potential. No deferred maintenance. Curb Offers only.
IDX information provided courtesy of the Columbus Board of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 29th May, 2023 2:47 PM (UTC)
Listing Agent: Douglas T Tenenbaum
Listing Office: Hanna Commercial, LLC