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!
For sale
$215,000
130-132 S Richardson Ave, Columbus, OH 43204
--beds
0baths
--sqft
Est.:
Duplex
Built in 1917
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days
- on Zillow |
- 361 |
- 21 |
- Loading
- Loading