Rental Property Investor · Columbus, OH · Member since 2012 · 181 posts · 51 votes
18-24 & 15-19 Whitethorne Ave Columbus Ohio 43223
Landlord Special - 7 Units with 3500/month Potential
CONTRACT FOR SALE: 7 Units with 2 bedrooms each and full basements. 3 Units currently rented for $1350/month and the other 4 units need plumbing and appliances. Up to you if you want to refinish the wood floors or carpet over. Mechanicals in great condition. Rehab estimate at 24k for the 4 units. Market rents are at 525-550 for 2 bedrooms. ARV of 180k. BUY AND HOLD THEN CASH OUT THE EQUITY!