1006-1008 E 16th Avenue, Columbus, OH 43211

$252,000

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Sold Price
$252,000
List Price
$275,000
Status
CLOSED
Days on Market
43
Closing Date
May 14, 2025
MLS#
225010204
Subtype
Multi-Family
Year Built
1920
Lot Size
3,920
Acres
0.09

Property Description

2-Unit duplex in Liden, 2,128sqft, 3bed/1batheach.1006 Rented at $1,250/mo (CMHA-authorized to $1,568), 1008 vacant est $1,568/mo—$3,136/mo total potential, yielding 13.7% gross ROI &8.7% cap. Tenant pays utilities, water-sub metered. Upgrades New HVAC, AC, 1008 rehabbed 2023 (new kitchen, bath, carpet , appliances). Linden up 127%since 2020 (Redfin), $50m ONE Linden Plan driving growth—rents est. $3,326/mo & value $294k by year 3 (12.3% return). Ideal for Owner-Occupants to BUILD NET WORTH—live in 1008, rent 1006 for $1,568/mo. Full clean Basement, parking behind unit two spaces, and on street, 4 miles from downtown. Create Net Worth, or and this cash flow gem today.

Additional Information

Heating
Forced Air
School District
Columbus Csd 2503 Fra Co.

Listing Courtesy of : Marshall L Foster ---- RE/MAX Revealty

Selling Office: Home Central Realty.

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