Listed by Sell For One Percent
$274,000
861 Derrer Road
Details
APN 140-004928
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $15,785
Price per SqFt $164
Year Built 1954
Acreage 0.230
Multifamily | 2 Units
Marketing description
Fully occupied and quietly working for you, this west side Columbus duplex is the kind of opportunity investors wait for. Picture steady cash flow from day one with a 2 bedroom unit renting at $900 and a 3 bedroom at $1150, both on month-to-month terms that give you flexibility and control. Step inside the fully remodeled 2 bedroom and you will find fresh flooring, updated kitchen with new cabinets and appliances, and a clean, modern bath. The 3 bedroom offers reliable income with a long-term tenant and select window updates already in place. Both units feature central air, spacious living rooms, and functional layouts tenants love. Outside, enjoy off street parking, a private backyard, and storage sheds that add everyday convenience. Tenants cover all utilities, including water, sewer, and trash, keeping your expenses low. This ranch style duplex delivers strong returns and simple management. Secure it before someone else does.
Listing Contacts
Listed by Sell For One Percent
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,785.00
$1,315.42/mo
Valuation Metrics
0
DSCR
5.76%
Cap Rate
5.76%
ROI
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