Turnkey investment opportunity with strong upside potential! This solid 1-story brick building features four 1-bedroom, 1-bath units, offering a straightforward and desirable layout for tenants.Currently, three units are occupied with rents of $600, $595, and $195 (the $195 tenant assists with property maintenance), while one unit is vacant, providing immediate opportunity for an owner to increase cash flow. The property is significantly under-rented, with CMHA rents in the area reaching up to $1,166 including utilities, presenting a clear path to substantial income growth.With its durable brick construction and manageable unit mix, this property is ideal for investors looking to stabilize, increase rents, and maximize returns. Whether you're expanding your portfolio or seeking a value-add opportunity, this property offers excellent income potential in a proven rental market.Don't miss your chance to capitalize on this high-upside, income-producing asset!
Listed By
Agency Name: Rich Russo Realty & Co.
Agency Phone: 614-937-8699
Agent Name: Richard Russo
Shown By
Agent Name: The Shahmardian Group
Agent Phone: (970) 637-7882
Agency Title: Key Realty
Estimated Payment
$ 1,614.80 per month $1,286.00 Principal & Interest $261.75 Property Tax $67.05 Homeowner's Insurance
106 S Warren Avenue, Unit 112 | MLS# 226008369
This multi-family property located at 106 S Warren Avenue, Unit 112, Columbus, OH 43204 is currently listed for sale with an asking price of $229,900. S Warren Avenue, Unit 112 is located within the COLUMBUS CITY school district. Search Columbus real estate on www.shahmardian.com today.