1088 E 22nd Avenue, Columbus, OH

$219,997

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0.13

Acres

About 1088 E 22nd Avenue

1088 E 22nd Ave / 1942 Hamilton Rd | Columbus, OH 43211. Fully Renovated Duplex | Turn-Key Investment | Strong Cash Flow. Great opportunity to acquire a 100% renovated duplex with long-term, on-time tenants already in place. This property was completely renovated in 2021, offering peace of mind and minimal future capital expenses. It's an excellent addition to any investment portfolio. Did I mention CHEAP taxes of $2,217.12 a year? Property Overview: Duplex: 2 bedrooms / 1 bathroom per unit. Fully renovated in 2021. Rents: $1,050 per unit + $50/month water. Total gross rent: $2,100/month + water reimbursement. Tenants pay AEP electric & Columbia Gas. Owner bills Columbus Water via $50/month ledger. Long-term tenants who pay on time. Lease Information: 1088 E 22nd Ave: Lease re-signed 2/1/2026 - 1/31/2027 (move in 1/16/2023.)1942 Hamilton Rd: Tenant moved in 9/1/2024 - lease through 8/31/2026. Renovation Details (2021 - Fully Updated.) New flooring throughout. Fresh interior paint. Updated kitchens with white shaker cabinets and granite countertops. Completely remodeled bathrooms, including: New toilets, vanities, tubs, faucets. New plumbing. Tile surrounds and new bathroom flooring. All new lighting and plumbing fixtures. New outlets and switches throughout. New interior doors, window trim, and floor trim. Hard-wired smoke detectors. Extensive electrical and plumbing updates. Location Highlights: Directly across the street from Hamilton STEM Academy. Approximately 1 mile from the new Linden Community Center, featuring: State-of-the-art fitness center, Indoor walking track, Gymnasium and sports courts, Community meeting rooms, Youth and senior programming. Convenient access to: Downtown Columbus: I-71 and I-670: Public transportation: Shopping, schools, and neighborhood amenities. Why This Property? Turn-key, no deferred maintenance. Strong cash flow from day one! Professionally managed, and mgmt can stay.

Features of 1088 E 22nd Avenue

MLS® # 226001072
Price $219,997
Acres 0.13
Year Built 1942
Type Multi-Family
Sub-Type Duplex
Status Active Under Contract

Community Information

Address 1088 E 22nd Avenue
Area None
Subdivision Linden
City Columbus
County Franklin
State OH
Zip Code 43211

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Has Basement No
Fireplace No

School Information

District COLUMBUS CSD 2503 FRA CO.

Listing Details

OfficeTristam Griffith of Cap Rate Realty

Listing Map

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