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$275,000
Est. payment /mo
3,920 Sqft Lot
Active Under Contract
10061008 E 16th Avenue Columbus, OH 43211
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 225010204
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1920
Annual Tax Amount $3,409
Lot Size 3,920 Sqft
Lot Dimensions 0.09
Property Sub-Type Duplex
Property Description
2-Unit duplex in Liden, 2,128sqft, 3bed/1batheach.1006 Rented at $1,250/mo (CMHA-authorized to $1,568), 1008 vacant est $1,568/mo—$3,136/mo total potential, yielding 13.7% gross ROI &8.7% cap. Tenant pays utilities, water-sub metered. Upgrades New HVAC, AC, 1008 rehabbed 2023 (new kitchen, bath, carpet , appliances). Linden up 127%since 2020 (Redfin), $50m ONE Linden Plan driving growth—rents est. $3,326/mo & value $294k by year 3 (12.3% return). Ideal for Owner-Occupants to BUILD NET WORTH—live in 1008, rent 1006 for $1,568/mo. Full clean Basement, parking behind unit two spaces, and on street, 4 miles from downtown. Create Net Worth, or and this cash flow gem today.
Location
State OH
County Franklin
Area 0.09
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
Others
Tax ID 010-033818
Listed by Marshall L Foster RE/MAX Revealty