Description
Excellent investment opportunity in a centrally located neighborhood! This well-maintained apartment building features five spacious 2-bedroom, 1-bath units, offering consistent rental income and strong tenant appeal. Total gross rental income comes to $32,000 annually, and tenants pay their own utilities (owner pays only for garbage service). One unit includes in-unit washer & dryer, while four other units can use the newly built coin-operated laundry room located in the basement for supplemental income. This property also includes a 4-car garage, with 2 bays currently rented at $600/year for extra income. This income-producing property is ideal for investors seeking low-maintenance cash flow with upside potential. With separately metered utilities and additional income streams, this property is a smart buy.
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0BEDS
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0.34ACRES
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5BATHS
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01/2 BATHS
Description
Excellent investment opportunity in a centrally located neighborhood! This well-maintained apartment building features five spacious 2-bedroom, 1-bath units, offering consistent rental income and strong tenant appeal. Total gross rental income comes to $32,000 annually, and tenants pay their own utilities (owner pays only for garbage service). One unit includes in-unit washer & dryer, while four other units can use the newly built coin-operated laundry room located in the basement for supplemental income. This property also includes a 4-car garage, with 2 bays currently rented at $600/year for extra income. This income-producing property is ideal for investors seeking low-maintenance cash flow with upside potential. With separately metered utilities and additional income streams, this property is a smart buy.
© 2025 Columbus Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or kwELITE. Data last updated: 2025-06-14T16:24:54.407.