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31844128
31844139

1441-1443 Hunter Avenue, Columbus, OH 43201 For Sale

VM
OH 2020001062
NextHome Experience
Listed by NextHome Experience
$593,000
92 days on market
Updated 43 days ago

1441-1443 Hunter Avenue

Details
APN 010-014302
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $32,200
Occupancy 100%
Price per SqFt $311
Year Built 1890
Year Renovated 2005
Acreage 0.130
Parking Spaces 4 spaces

Multifamily | 2 Units

Marketing description

A premier, turn-key investment in the heart of the OSU Campus/University District. This up/down duplex is fully renovated with zero deferred maintenance and is leased through August 2028 at $2,850/month. Ideally located near the OSU Med Center, it offers immediate cash flow with long-term stability. Premium updates for premium tenants! Everything is updated: roof, high-efficiency electric furnace in the upper unit, new forced gas downstairs, double-pane windows, flooring, and designer kitchens. Updated Kitchens: Upstairs unit has Maple cabinets, polished nickel hardware, eat-in islands (seating for 6), and stainless/glass-top appliances. Downstairs has Granite counter and was featured on HDTV Designer Finals where they remodeled the kitchen. Finishes: Pergo flooring, porcelain kitchen tile, and slate tile bathrooms. Convenience: Each unit includes a walk-in pantry with washer/dryer, central AC, and private covered balconies. The Best Backyard on Campus! The outdoor space is a massive value-add and tenant favorite: -Fully fenced with a custom granite bar and fire pit. -Built-in granite table for ultimate entertaining. -4 dedicated off-street parking spaces (rare for this area). Value-Add Potential The deep lot includes plans to build an additional 2-3 units in the rear, providing a significant future development play while you collect rent on the existing structure. Location & Logistics: Walkable to: OSU Med School, Short North, Gateway, and Victorian Village. Terms: Tenants pay all utilities. No pets. Strategy: Perfect for 1031-exchange buyers or investors seeking a high-end, 'hands-off' asset in a high-demand rental pocket. DO NOT DISTURB THE TENANTS Agent is related to owner
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Listing Contacts

VM
OH 2020001062
NextHome Experience
Listed by NextHome Experience

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$32,200.00
$2,683.33/mo

Valuation Metrics

0
DSCR
5.43%
Cap Rate
5.43%
ROI

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Additional Information

Name
Vasilios Bill Michailidis
License
2020001062
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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