1615 Arlington Avenue offers an investor an opportunity to purchase a well maintained multi-family asset, in the Grandview Heights School District, with a tremendous amount of upside in raising rents to market. Multiple comparable rentals in the immediate area are renting for over $2,000/month. In addition, both units are currently occupied with month to month tenants allowing a new owner the ability to immediately increase rents or be an owner occupant. The detached garage also provides additional upside in charging use back to the tenants.
The property has both interior and exterior entrances to each unit with private basement for storage and laundry.
Updates include but are not limited to, full bathroom renovation in 2019 for Apt B, furnace replaced in Apt B in 2022, Apt A includes exposed hardwood floors throughout, Apt B has hardwood floors under existing carpet, wrought iron staircase and railings painted within the last 12 months.
The property is within a stones throw of quaint shopping, premier dining, seconds to the bus line and only minutes to downtown, Battelle and The Ohio State University.
