2080 E 5TH AVE # 2090 Columbus OH 43219-2584

Completely renovated and fully permitted 9-unit multifamily property brought back to life with over $800,000 in capital improvements.​ This top-to-bottom renovation offers investors a rare opportunity to acquire a true turnkey asset with no CapEx required.​ Some of the many updates include a new roof, new windows, new mechanicals, updated plumbing and electrical, new parking lot, exterior improvements, and full interior renovations throughout--everything has been touched.​ The unit mix consists of three spacious 1-bedroom / 1-bath units and six 2-bedroom / 1-bath units, all updated with modern finishes.​ Renovations have just been completed and three units are already leased, providing immediate income.​ Unit E is rented for $1,300 per month plus a $75 per month water fee through 2/28/2027, Unit I is rented for $1,200 per month plus a $75 per month water fee through 1/31/2027, and Unit A is rented for $995 per month plus a $75 per month water fee through 3/31/2027.​ The remaining six units are currently being marketed for rent, offering strong upside potential for the new owner.​ Conveniently located near John Glenn Columbus International Airport, Ohio Dominican University, The Ohio State University, and Downtown Columbus, with easy access to shopping, dining, and major employment centers.​ This is an ideal opportunity for investors seeking a stabilized, low-maintenance property with long-term performance potential.​

AS IS 9 unit multifamily. Don't miss your chance to reap the benefits of owning a multi unit cash generator in a great location! The demo work has been done, property has been cleared out to the studs and is ready to Rehab! The roof is new and improvements have already been made in many of the units such as new floor joists, new windows, new doors, exterior stucco repairs have been made and basement concrete flooring has been restored. Blueprints included in price. Property will need all new mechanics & full interior rehab.