ATTENTION PORTFOLIO INVESTORSHigh-Yield Duplex in Olde North / OSU Corridor$299,900 | $28,848 Gross Annual IncomeThis is a strategic, cash-flowing addition to any Columbus portfolio. Located in one of the most resilient rental submarkets, this duplex sits in the heart of the Ohio State University demand engine and offers strong built-in tenant demand.Why This Asset Stands Out:??? Strong Tenant Stability: 2-bedroom, 1-bath units per side ??? Recent Upgrades for Investment Security (2024):??? New roof??? New electrical panels in both units??? 90% efficient furnaces and water heaters??? Full remodels including new kitchen appliances, flooring, and paint??? New R-38 insulation in walls and attic to bring to code??? Handrails on stairs for safety and code compliance??? Utility Setup: Electric is separately metered (tenant-paid). Water is prorated to tenants.??? Premium Parking: Rare 4-car off-street parking behind the building drives higher rental rates in this dense corridor.Priced at $299,900 to reflect current condition while delivering strong immediate yield potential and long-term security. Whether you buy cash for maximum monthly cash flow or use sharp financing, the underlying math works. This is an offensive play in a location with built-in rental demand.Property offered strictly ''As-Is/Where-Is.'' Serious investors only -- bring your contractor and run the numbers. Curb Offers Only, as both units are occupied. Generating a Rent Gross of $28,848 per year.
Listed By
Agency Name: RE/MAX Revealty
Agent Name: Marshall L Foster
Agency Phone: 614-485-3100
Shown By
Agency Title: C.R. O'Neil and Company
Agency Phone:
Estimated Payment
$ 1,658.28 per month $1,215.64 Principal & Interest $355.17 Property Tax $87.47 Homeowner's Insurance