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$ 215,000
Est. payment /mo
Active Under Contract
130132 S Richardson Avenue Columbus, OH 43204
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 225029319
Year Built 1917
Annual Tax Amount $2,350
Lot Size 6,534 Sqft
Lot Dimensions 0.15
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
Solid cash-flowing duplex featuring 3 bed / 1 bath units per side, fully occupied and bringing in $2,400/month in gross rental income. With a 10.2% cap rate and tenants paying all utilities, this is a turn-key investment offering dependable returns in the Columbus market.
Reported Net Operating Income: $21,948
Annual taxes: $2,350
Insurance: $1,622
10% maintenance reserve: $2,880
Units are in good condition and currently leased at $1,200/month each. Low owner expenses and consistent income make this an ideal buy-and-hold asset with long-term upside!
Reported Net Operating Income: $21,948
Annual taxes: $2,350
Insurance: $1,622
10% maintenance reserve: $2,880
Units are in good condition and currently leased at $1,200/month each. Low owner expenses and consistent income make this an ideal buy-and-hold asset with long-term upside!
Location
State OH
County Franklin
Area 0.15
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-030945
Listed by Jaime Barlow Sell For One Percent
