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20745009
20745024

361 E 20th Avenue, Columbus, OH 43201

CB
2015003048
Keller Williams Consultants
Listed by Keller Williams Consultants
$390,000
566 days on market
Updated 126 days ago

361 E 20th Avenue

Details
APN 026483
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $22,217
Occupancy 100%
Price per SqFt $182
Year Built 1910
Acreage 0.040

Multifamily | 2 Units

Marketing description

A prime investment opportunity on Ohio State north campus neighborhood, in between Summit and N 4th St. Walkable for students to north campus. Along the OSU bus line and close to the scenic Iuka Ravine. This well-maintained up-down duplex offers two spacious 2-bedroom, 1-bath units, each with modern updates. Updated kitchens and bathrooms, newer flooring, and central air conditioning for comfort throughout the year. The lower unit (UNIT A) offers an enclosed front porch and large basement for storage. Tenants in both units enjoy access to their own on-site laundry and ample outdoor space. Newer vinyl siding, railings, and porch steps. Tenants pay all utilities. Currently 100% occupied for the academic year and easy to lease.
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Listing Contacts

CB
2015003048
Keller Williams Consultants
Listed by Keller Williams Consultants

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$22,217.00
$1,851.42/mo

Valuation Metrics

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DSCR
5.7%
Cap Rate
5.7%
ROI

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