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31242157
31242158

3667-3673 McCarley Drive S, Columbus, OH 43228

$505,000
81 days on market
Updated 36 days ago

3667-3673 McCarley Drive S

Details
APN 570-145835
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Units 4
Cap Rate 10.00%
NOI $4,385
Price per SqFt $129
Class B
Year Built 1970
Acreage 0.260

Perfect Turnkey Opportunity

Marketing description

Spacious 3,900 sq ft cash-flowing four-unit multifamily property located in the Holly Hill neighborhood, with each unit offering large 2 bedrooms and 1.5 bathrooms. The property is fully occupied and in turnkey condition, making it an excellent addition to any investment portfolio. Recent major exterior upgrades include a brand new roof (2025), new gutters, fresh exterior paint, and new siding, helping reduce near-term maintenance. Interior improvements have also been completed, including a fully remodeled Unit 3673 and a newly renovated upstairs bathroom in Unit 3671. Mechanical updates include a new roof (2025), HVAC and water heaters approximately 10 years old, and updated electrical systems. This well-maintained property offers stable income, recent improvements, and strong rental potential, making it a solid turnkey investment opportunity.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$4,385.00
$365.42/mo

Valuation Metrics

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DSCR
0.87%
Cap Rate
0.87%
ROI

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