9% return on investment puts the value of this property around $500K - buy this one, fix it up & have instant equity AND cash-flow! Not many deals out there like this one! Fantastic opportunity in opportunity zone down the street from Children's Hospital expansion, OSU East & where the city of Columbus is heavily invested! Own a 3-unit cash-flowing asset w. 90% of all the work completed (permitted and completed properly) this one is ready for your portfolio! Investors, handy men, or the savvy owner occ's w. renovation loan can buy with 3.5% down & have the 2 other tenants pay the mortgage as your 1st purchase! Rent is estimated to be around $1,500/unit. Anchor your investment in an opportunity zone/revitalization area & reap the rewards as the values continue to climb! See attached plans!
MLS# | 224041313 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 117 |
Listing Provided By | Sell For One Percent | Jaysen E Barlow |
Units | 3 |
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Acreage | 0.12 |
State | OH |
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County | Franklin |
City | Columbus |
Zip Code | 43205 |
Community Name | Children's Hospital |
School District | COLUMBUS CSD 2503 FRA CO. |
Listing VS Median (In Children's Hospital) | |
Price: $394,800 low | high Med: $0 On site: 117 low | high Med: |