988-998 Heyl Avenue, Columbus, OH 43206

$1,070,000

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Sold Price
$1,070,000
List Price
$1,150,000
Status
CLOSED
Days on Market
67
Closing Date
Dec 18, 2024
MLS#
224036526
Subtype
Multi-Family
Year Built
1924
Lot Size
6,098
Acres
0.14
Subdivision
Southern Orchards

Property Description

Updated 6 unit brick townhome complex in Southern Orchards! Fully leased and ready for a turn-key or 1031 investor. 100% 15 year tax abatement has been approved (through 2038). Each unit features French oak vinyl plank flooring, LED lighting, first floor laundry, granite countertops and stainless appliances (one unit has white appliances). Private basements for storage and fenced in backyard area for every two units. Average gross rent which includes water and pet fees is $1425 per mo/unit. Professional management in place and all leases run throughout 2025. Potential for individual condo conversion/resale or short/mid-term rentals given the close proximity to Nationwide Children's Hospital, German Village and Downtown Columbus.

Additional Information

Heating
Forced Air
Garage
On Street
School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Daniel J Lim ---- Lim Realty Group

Selling Office: Reafco.

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