Fully occupied East Linden duplex with immediate $1500/mo cash flow. Stable family with dependable income occupies both sides and they have been current on rent all year even during the COVID-19 lock down. Each unit has natural gas furnace & water heater, basement, off street parking and a large backyard that backs up to a wooded area. Updates include several new windows and luxury vinyl flooring but property could use a few windows, a new front door and other future minor improvement but tenants are happy. Both units are in good condition with normal wear-and-tear and tenants are responsible in the lease for minor maintenance. Buyer receives $1500 security deposit at closing. Do not disturb tenants or go onto the property. Cash buyers only and buyer can inspect both units prior to closing
Off market
$211,500
2698 Fern Ave, Columbus, OH 43211
--beds
0baths
2,373sqft
MultiFamily
Built in 1910
-- sqft lot
$211,500 Zestimate®
$89/sqft
$1,055 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric, Gas
Cooling
- None
Interior area
- Total interior livable area: 2,373 sqft
Property
Lot
- Size: 9,583 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected, Water, Sanitary Sewer
Community & neighborhood
Location
- Region: Columbus
Other
Other facts
- Heating: Forced Air, Natural Gas
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Water, Sanitary Sewer
- ConstructionMaterials: Frame
- ElectricOnPropertyYN: True
- TenantPays: Electricity, Gas, Sewer, Water, Trash Collection
- NumberOfUnitsTotal: 2.00
- MlsStatus: Contingent Finance and Inspection
- TaxAnnualAmount: 1091.00
Services availability
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Estimated market value
$211,500