Listed by RE/MAX ONE, RE/MAX One
$440,000
1530 Genessee Avenue
Details
APN 010-006931
Property Type Multifamily, Mixed Use
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 3
NOI $2,933
Price per SqFt $180
Year Built 1970
Acreage 0.100
Multifamily | 3 Units
Marketing description
Fully renovated, turnkey triplex in the heart of Columbus! This 3-unit multifamily property features three spacious units, each offering 2 bedrooms, 1 full bath, and approximately 800 square feet--perfect for consistent rental demand. The property has undergone a complete cosmetic transformation, including all new LVP flooring, fresh paint throughout, new carpet on stairways, and updated bathrooms in every unit. Major mechanical upgrades include brand-new furnaces and central A/C systems, giving investors true peace of mind.
Exterior improvements set this property apart, with freshly painted exteriors, new windows, updated fencing, and newly installed parking areas--making this a low-maintenance, high-appeal asset. Two units are currently occupied, while one unit is vacant, creating an ideal house hack opportunity--live in one unit while the other two tenants help offset your mortgage, or lease the third unit immediately for additional cash flow. Conveniently located near downtown, major highways, and local amenities, this property is perfectly positioned for both investors and owner-occupants looking to build wealth through real estate.
Listing Contacts
Listed by RE/MAX ONE, RE/MAX One
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,933.00
$244.42/mo
Valuation Metrics
0
DSCR
0.67%
Cap Rate
0.67%
ROI
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