Listed by Keller Williams Capital Partners Realty
$325,000
2478-2480 Deming Avenue Columbus, OH 43202
Details
APN 010-038008
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 1,616
Net Rentable (SqFt) 1,616
Units 2
Cap Rate 5.42%
NOI $17,610
Occupancy 100%
Price per SqFt $201
Year Built 1900
Zoning 520 - 2-FAM DWELL:PLATTED LOT
Parking Spaces 2 spaces
Parking Per SqFt 1.24
Multifamily | 2 Units | $162,500/unit
Marketing description
Solid two-unit property in the heart of the North University area, located on the desirable Medary-Deming loop just south of Clinton Street. Each unit offers two bedrooms, one full bath, a living room, dining room, and a full basement. Off-street parking is available in the rear. Rents are 1050 and 1105 per side with the tenants paying their own gas and electric. Income and expenses are in the Documents tab, disclosures forthcoming.
Prime location with convenient access to public transportation, shopping, restaurants, and neighborhood cafés. Strong rental appeal in a consistently high-demand area.
Please conduct a discreet drive-by. Do not disturb tenants. Pre-approved buyers only.
Listing Contacts
Listed by Keller Williams Capital Partners Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$17,610.00
$1,467.50/mo
Valuation Metrics
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DSCR
5.42%
Cap Rate
5.42%
ROI
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