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85-87 N Yale Avenue, Columbus, OH 43222

$279,900.00
  • 85-87 N Yale Avenue, Columbus, OH 43222 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,431 MLS#226005663
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCOLUMBUS CITY

Property Description

**A Smart Investment Opportunity Awaits**Welcome to your next income-generating gem in the heart of Columbus! This multi-family property offers a fantastic opportunity for investors and owner-occupants alike. With three bedrooms and one bathroom on each side, this duplex is perfectly positioned to deliver steady rental income while keeping your purchase price accessible.The numbers don't lie. Each side of the duplex brings in $1,550 per month, with a potential for $3,100 monthly (one side is currently vacant) and $36,000 in potential gross annual rental income. At this price point, factoring in 30% in operating expenses, that translates to an impressive 8.5%-9% capitalization rate when fully occupied. Whether you choose to live in one unit and rent the other, or collect rent from both sides, this property puts your money to work from day one. Few investments offer this kind of immediate cash flow potential without breaking the bank. Please see A2A for more details about income and expenses. Schedule your private showing today and start building your portfolio tomorrow! *Please do not disturb tenants on occupied side 87*

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 2
Heating: Forced Air, Hot Water
Lot Size: 0.07 Acres
Taxes: $2,484
Year Built: 1910

Feature Descriptions

Lot Dimensions: 0
Parcel #: 010-030197

Local Schools

School District: COLUMBUS CITY

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 614-871-0808
Agent Name: Katharine A Blades

Shown By

Agency Title: C.R. O'Neil and Company
Agency Phone:

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Estimated Payment

$ 1,423.21 per month $1,134.57 Principal & Interest $207.00 Property Tax $81.64 Homeowner's Insurance

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