Dublin 4 Unit Condo Building
Multifamily | 4 Units | $225,000/unit
Marketing description
Welcome to 2942-2948 Sawdust Lane in Dublin, Ohio! Beautifully updated 4 unit condo building that is in the Dublin school district. This condo is a 2-bed, 1.5-bathroom home that actually has a finished basement, 3 of 4 units are rented for just under $1800 a month. The kitchen is Absolutely lovely! Updated with brand new stainless steel appliances, and new granite countertops. The full bathroom upstairs has a tub, and tile surround and new vanity. The half bathroom is located just off the living room in between the kitchen and living room. The condo has been updated with new flooring throughout, freshly painted, and new lighting. There’s a fenced-in patio in the back that is great for relaxing on, entertaining or enjoying pets. Each unit is already parceled as a condo of about 1024 Sq Ft above ground and a total of 1200 sq ft, with storage in the basement, and laundry in the basement. Condo fees are low, under $150 a month, and each unit comes with a parking space and there's plenty of visitor parking. Fully occupied this Property brings in over $86,000 a year! Property Management already in place for over 12 months!
Investment highlights
6.49% Cap Rate
3 of 4 units stabilized
Prime Location
Fully Updated units
Units are separately parceled Condos
$262,500 a unit
Bringing in roughly $21,540 annually a unit
Just under $86,400 annual rent potential
Management in Place
Final Unit can be occupied by Closing
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