18
See all 18 photos
$219,900
Est. payment /mo
4,791 Sqft Lot
New
12941296 E 23rd Avenue Columbus, OH 43211
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225031212
Year Built 1925
Annual Tax Amount $3,693
Lot Size 4,791 Sqft
Lot Dimensions 0.11
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
Investor special! This duplex is the perfect value-add buy & hold with the potential to hit OVER the 1% rule and strong cash flow/equity. Each unit offers 3 bedrooms, 1 bathroom, and a full kitchen. 1296 is currently rented at $1,100/mo, while 1294 is vacant and ready for updates. With some cosmetic work, you can quickly increase rents—market rates in the area are $1,300-$1,400+ per side. Once stabilized, this property can generate $2,600-$2,800/mo, making it a solid long-term investment with great equity growth. Do a little work now, raise rents later, and watch this duplex cash flow like crazy. Available for showings. Please do not disturb tenants. See A2A remarks.
Location
State OH
County Franklin
Area 0.11
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling None
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-079566
Listed by Jimmy Lieu Swiss Realty LTD
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