130-132 S Richardson Avenue, Columbus, OH 43204

Property Description

Solid cash-flowing duplex featuring 3 bed / 1 bath units per side, fully occupied and bringing in $2,400/month in gross rental income. With a 10.2% cap rate and tenants paying all utilities, this is a turn-key investment offering dependable returns in the Columbus market. Reported Net Operating Income: $21,948 Annual taxes: $2,350 Insurance: $1,622 10% maintenance reserve: $2,880 Units are in good condition and currently leased at $1,200/month each. Low owner expenses and consistent income make this an ideal buy-and-hold asset with long-term upside!