0 beds
Bathrooms
21,244 sqft
Listed By
Agency Name: Forge Real Estate Advisors
Agent Name: Zeke Liston
Agency Phone: 614-665-5793
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
Value-add portfolio opportunity in Columbus: 16 properties and 23 units, offered as a package at $2,190,000 (~$95,000 per unit), with each property also available individually. The portfolio includes 12 single-family homes, 2 duplexes, a triplex, and a fourplex. 13 of the 23 units are currently leased, generating $14,514 per month ($174,000+ annually) in rent, so new owners have cash flow from day one as they stabilize the portfolio. Five fully vacant properties are well suited for a BRRRR or fix-and-flip, and the vacant units in the partially leased triplex and fourplex add lease-up and rent upside. Most of the portfolio is in Linden, just north of Downtown Columbus, with quick access to I-71, Cleveland Avenue, and Hudson Street, in a neighborhood seeing active revitalization and new development. Three additional homes are on Columbus's Westside. Affordable per-door pricing makes this a flexible fit for investors who want to scale in one move or pick off the individual properties that match their strategy.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Taxes: $33,900
Year Built: 1957
Feature Descriptions
Parcel #: 010-082213
Local Schools
School District: COLUMBUS CITY
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Estimated Payment
$ 15,798.08 per month $12,334.33 Principal & Interest $2,825.00 Property Tax $638.75 Homeowner's InsuranceChange Payment Information
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2876-2878 Mcguffey Road | MLS# 226040777
This multi-family property located at 2876-2878 Mcguffey Road, Columbus, OH 43224 is currently listed for sale with an asking price of $2,190,000. 2876-2878 Mcguffey Road is located within the COLUMBUS CITY school district. Search Columbus real estate on www.leahackerman.com today.