Listed By
Agency Name: Key Realty
Agent Name: Jerry R Auger
Agency Phone: 877-539-7589
Shown By
Agent Name: Katie Kaszyca
Agent Phone: (330) 936-5433
Agency Title: Cutler Real Estate
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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.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 28
Heating: Forced Air
Lot Size: 0.16 Acres
Taxes: $3,176
Year Built: 1964
Feature Descriptions
Parcel #: 010-081088
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Local Schools
School District: COLUMBUS CITY
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Estimated Payment
$ 2,628.25 per month $2,247.21 Principal & Interest $264.67 Property Tax $116.38 Homeowner's InsuranceChange Payment Information
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1878 Eddystone Avenue, Unit a-b-c | MLS# 226022353
This multi-family property located at 1878 Eddystone Avenue, Unit a-b-c, Columbus, OH 43224 is currently listed for sale with an asking price of $399,000. Eddystone Avenue, Unit a-b-c is located within the COLUMBUS CITY school district. Search Columbus real estate on kkaszyca.kaszycarealestate.com today.