Listed By
Agency Name: Keller Williams Capital Ptnrs
Agency Phone: 614-888-1000
Agent Name: Joseph C Jackson
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Attention investors. This solid brick four-unit features four two-bedroom townhouse-style apartments in an excellent Old North Columbus location. Walkable to cafes, neighborhood shopping, the bus line, and the bike path???this is exactly where long-term rental demand stays strong.Current rents are $1,100, $880, $1,000, and $1,040, with market rents closer to $1,200 per unit, offering clear value-add potential through rent growth and selective updates. Two of the units have central air; the interior units do not and feature older furnaces???giving the next owner a straightforward path to improving cash flow.Owner pays water and sewer; tenants pay electric. Brick construction, a proven unit mix, and a location that continues to appreciate make this a strong long-term hold or repositioning opportunity in one of Columbus's most consistent rental corridors.Opportunities like this in Old North don't last???move on it.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 6
Heating: Forced Air
Lot Size: 0.14 Acres
Taxes: $8,439
Year Built: 1900
Feature Descriptions
Parcel #: 010-057334
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
Local Schools
School District: COLUMBUS CITY
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Estimated Payment
$ 3,676.39 per month $2,805.43 Principal & Interest $703.25 Property Tax $167.71 Homeowner's InsuranceChange Payment Information
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2540 Neil Avenue | MLS# 226000241
This multi-family property located at 2540 Neil Avenue, Columbus, OH 43202 is currently listed for sale with an asking price of $575,000. Neil Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.cutlercigroup.com today.