1048 E 20th Avenue, Columbus, Ohio, United States, 43211
340,000
for Sale
9,583.2
About the property:
One of the few multifamily properties currently available in the Linden area, this is a rare opportunity to acquire a cash-flowing asset with significant potential for value creation. This brick 4-unit multifamily property features four 2-bedroom, 1-bath townhouse-style units, each with a private basement. Two of the four units are currently occupied, providing immediate rental income. One unit is rent ready and on the market for $1000 while the other vacant unit offers significant value-add potential. The occupied units have been updated with replacement windows, furnaces, and kitchen improvements. Unit 1050 is leased through December 2026 at $800 per month. Unit 1052 is leased through May 2027 at $950 per month. Unit 1054 is currently vacant and requires a full renovation. Professionally managed, the property offers stable tenancy with additional upside through renovation and future rent growth. The vacant units are easy to show. Occupied units may be viewed after an accepted contract, contingent upon inspection. BEING SOLD AS IS.
- Property Type:
- Townhouse
- Status:
- for Sale
- House Style:
- Other
- Acres:
- 0.22
- Cross Street:
- Lexington
- Is Market:
- Yes
- Is Other:
- Yes
- Is Unit:
- Yes
- Annual Property Taxes:
- 3,184
- Listing ID:
- 226021702
Rooms
Dimensions
Brokered by:
Heart & Homepropertymanagement
Presented By:
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