$264,900
85-87 N Yale Ave
Columbus
OH
43222
Living Area
2,431
Bedrooms
3
Bathrooms
1
Category
Buy
Status
Active
Description
**A Smart Investment Opportunity Awaits** Welcome to your next income-generating gem in the heart of Columbus! This multi-family property offers a fantastic opportunity for investors and owner-occupants alike. With three bedrooms and one bathroom on each side, this duplex is perfectly positioned to deliver steady rental income while keeping your purchase price accessible. The numbers don't lie. Each side of the duplex brings in $1,550 per month, with a potential for $3,100 monthly (one side is currently vacant) and $36,000 in potential gross annual rental income. At this price point, factoring in 30% in operating expenses, that translates to an impressive 8.5%-9% capitalization rate when fully occupied. Whether you choose to live in one unit and rent the other, or collect rent from both sides, this property puts your money to work from day one. Few investments offer this kind of immediate cash flow potential without breaking the bank. Please see A2A for more details about income and expenses. Schedule your private showing today and start building your portfolio tomorrow! *Please do not disturb tenants on occupied side 87*
Additional Details
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- MLS ID
- 226005663
-
- Listing Agent
- Katharine Blades
-
- Listing Date
- 2023-11-05
-
- Days on Site
- 2 years ago
-
- Built In
- 1910
-
- Architecture
- CONVENTIONAL
