849 E 12th Avenue, Columbus, OH 43211
- $125,000
- Sold Price
- $125,000
- List Price
- $140,000
- Status
- CLOSED
- Days on Market
- 32
- Closing Date
- Nov 18, 2024
- MLS#
- 224037092
- Subtype
- Multi-Family
- Year Built
- 1923
- Lot Size
- 5,662
- Acres
- 0.13
Property Description
Discover the perfect value-add opportunity to enhance your investment portfolio with this charming duplex, featuring 3 bedrooms and 1 bathroom on each side. This property offers substantial upside potential, making it ideal for savvy investors looking to maximize returns. While the interiors are in need of updates, the roof and siding are in solid condition, providing a strong foundation for your renovation plans. With After Repair Values (ARVs) in the range of $240,000 to $250,000, this duplex is positioned for impressive appreciation. Current rental rates in the area range from $1,300 to $1,500 per side, depending on your chosen upgrades and finishing touches. Don't miss this opportunity to invest in a property with both immediate cash flow potential and long-term growth!
Additional Information
- Garage
- On Street
- School District
- Columbus Csd 2503 Fra Co.
Listing Courtesy of : Brian K Farris ---- Cornerstone Premier Realty LLC
Selling Office: Red 1 Realty.