Core Realty Collection
Listed by Core Realty Collection
$575,000
1191 S 22nd Street #1185
Details
APN 010-017098
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 4
NOI $26,525
Price per SqFt $86
Year Built 1924
Acreage 0.290
Multifamily | 4 Units
Marketing description
INVESTORS/DEVELOPERS!!! Adjacent lot can be parceled and develop a separate multi- unit property...Brick 4-unit two story multifamily on a corner lot in desirable Southern Orchards! Fully leased income producing asset with room to add value with light cosmetic updates. Each unit features original wood floors, living room, dining room and full kitchen w/ fridge and electric range. Upper level offers two spacious bedrooms and a full bath with tub/shower combo. Basement provides storage and washer/dryer hookups. Property also has access and space available to create potential off-street parking if desired. Prime location just minutes to Nationwide Children's Hospital, Downtown Columbus, German Village and Old Towne East. Area continues to see strong development, rental growth, and high demand from tenants. Curb Offers Only. Access available with an accepted offer. Selling in AS IS condition. New roof 2020. Windows, doors and several hot water tanks and furnaces 2017. $3870 in monthly rent.
Listing Contacts
Core Realty Collection
Listed by Core Realty Collection
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,525.00
$2,210.42/mo
Valuation Metrics
0
DSCR
4.61%
Cap Rate
4.61%
ROI
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