Columbus, Ohio Investor Duplex + SFR on Same Property For Sale
Cash Flowing Property For Sale
Legal Description: 1262 E. 20th Ave, Columbus, OH 43211
2 Corner Properties (As Listed Above) Sale Price: $66,000 Great Cap Rate
***20th Ave – 3bd(3rd bdrm attached to master bdrm/1ba/1100sqft/Full Basement
Recently Rehabbed – $5,000 in Cosmetic Rehab Work plus New Roof / Currently Rented ($550 per mo)
***1817-1819 Cleveland Ave: (Duplex part of 1262 E. 20th Ave. Property)
1817side is 1bd/1ba/2story/Full Basement/Currently Rented ($400 per mo)
1819side is 5bd/1ba/2story/Full Basement/Advertising for Renter - $995
Recently Rehabbed: $35,000 in last 3 years
$1900 per month Cash Flow / After Expense Net Cash Return $13,495 / ***Cap Rate: 0.2044
Annual Expenses & Breakdown: $9,305 per yr., as per Breakdown:
Taxes: $1,745 / Management(10%): $2280, Vacancy Loss(5%): $1,140,
Trash/Maintenance(5%): $1,140, Water & Sewer: $1,200, Insurance: $1,800
This property has been renovated in the last 2-3 years. You could change the 1817-1819 Cleveland Avenue Duplex configuration if desired..
Contact Ron for a Detailed Report, including Comps
(614)768-3176 o (951)400-5976 [email protected]