2897 E 9th Avenue, Columbus, OH 43219

$367,000

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Sold Price
$367,000
List Price
$329,000
Status
CLOSED
Days on Market
43
Closing Date
Sep 29, 2023
MLS#
223026809
Subtype
Multi-Family
Year Built
1964
Lot Size
6,098
Acres
0.14

Property Description

This brick quad is a golden opportunity to add a well-maintained, income-generating property to your investment portfolio. Whether you're a seasoned investor or just starting, this 4-unit brick property offers a blend of immediate rental income and future growth potential. It's located just north of Bexley and close to downtown. Each unit is a 2bed/1 bath. Tenants pay all utilities. Rents are as follows: $849, $675, $650 and one unit is vacant. This could also make a great house hack for a new investor by occupying the vacant unit and raising the rents of the other units. With market rent in each unit, this could crush the 1% rule. Section 8 will pay up to $1,279/ mo for a 2 bed unit. This property also has professional management already in place.

Additional Information

School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Patrick J Drury ---- Reafco

Selling Office: Reafco.

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