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 |
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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 |