1878 Eddystone Avenue a-b-c Unit a-b-c, Columbus, OH 43224

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List Price
$399,000
Price Change
▼ $16,000 1786399680
Year Built
1964
MLS#
226022353
Status
ACTIVE
Acres
0.16
Subdivision
Clevelawn

Property Description

INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one. The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents. With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside. Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity.

Additional Information

Heating
Forced Air
School District
Columbus Csd 2503 Fra Co.
Tax Year
2024
Yearly Taxes
3176

Listing Courtesy of : Jerry R Auger ---- Key Realty

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