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22801268
22801283

1570 E Long Street #1572, Columbus, OH 43203

JB
2022007969
EXP Realty, LLC
Listed by EXP Realty, LLC
$459,000
424 days on market
Updated 37 days ago

1570 E Long Street #1572

Details
APN 010-005670
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $30,600
Price per SqFt $118
Year Built 1915
Acreage 0.150

Multifamily | 2 Units

Marketing description

This Beautiful Woodland Park duplex would make the perfect long term rental or mid/STR. Located right by OSU East Hospital and just minutes from the Convention Center, the home is located in a highly desirable area. The upstairs unit is a four bed, two full bath apartment with original hardwood floors and recently updated kitchen and bathroom. It is currently vacant and available to view. Market long term rent according to Rentometer is $2,300+. The downstairs features two beds and one full bath. It is currently rented to a long term tenant through October of 2026 at $1,130 per month. They have been there for many years and have never had a single late payment and keep the place in great shape. Market rent according to Rentometer is closer to $1,300. Please do not disturb tenant. Both units have seen many updates the last few years, including new furnaces in February. The detached garage can also be turned into an ADU if desired. No tenant currently rents the garage. Owner is licensed agent in Ohio.
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Listing Contacts

JB
2022007969
EXP Realty, LLC
Listed by EXP Realty, LLC

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$30,600.00
$2,550.00/mo

Valuation Metrics

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DSCR
6.67%
Cap Rate
6.67%
ROI

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