Investment opportunity! 3/1 duplex, fully rented at $2,195/mo. CMHA offering rent increase to $1,500/mo per unit, with potential for $3,000/mo. Recent upgrades ($19,900) include central air, kitchen remodel, and a newly installed battery backup sump pump with street-connected drainage system, addressing potential drainage concerns. Strong cash flow potential with 10% annual Section 8 increases. Price reduced $275,000. Add this cash flow property to your portfolio.
MLS# | 224029172 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1923 |
Days On Site | 29 |
Listing Provided By | RE/MAX Revealty | Marshall L Foster |
Units | 2 |
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Acreage | 0.13 |
State | OH |
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County | Franklin |
City | Columbus |
Zip Code | 43204 |
School District | COLUMBUS CSD 2503 FRA CO. |
Listing VS Median (in 43204) | |
Price: $275,000 low | high Med: $219,900 On Site: 29 low | high Med: 13.5 |