MULTIFAMILY PROPERTY AVAILABLE FOR SALE
Recently renovated 5 unit multi-family. All units are 2 story townhouse style with 2 BR & 1 Bath. Each is 800 SF with clean, modern interiors. Located in Clinton Township and Columbus Schools. Being offered at a 7% cap rate, VERY competitive especially for renovated units. Rent increase upside. Tenants pay all utilities and water is billed on a flat monthly rate.
| Property Type | Multi-Family |
|---|---|
| Property Use | Rental or Investment |
| Year Built | 1972 |
| Renovated Year | 2021 |
| Level Number | 2 |
| Sub-Lease | 5 |
| Zoning | R-12 Urban Residential |
| Average Daily Rate | 100 |
| Listing ID | 75FKV2 |
| Style | Multi-Family (5-20 Units) |
| Building Size | 3,996 SF |
| Lot Size | 0.57 AC |
Area Description: This multifamily property is located just off of E Cooke Road and Cleveland Avenue in the Westbrook neighborhood of northeast Columbus. It is located in a residential area but is just minutes from local retail.
Region: Central Ohio
Region: Northeast
Region: United States
Region: Midwest
| Parking Places: | 10 |
| Full Bath: | 1 |
| Lot Description: | Level, Corner |
| Road Type: | City / Town Street |
| Age: | 41-50 Years Old |
| Sewer: | City |
| Water: | City Water |
| Area Description: | Suburban |
| Lot Size: | 1/2 - 1 Acre |
| Exterior Description: | Brick |