About 415-417 Morrison Avenue
Discover a rare opportunity to own a fully renovated, tax-abated income-producing brick duplex in the highly sought-after Olde Towne East neighborhood of Columbus, Ohio. Ideal for owner-occupants and real estate investors alike, this substantial property spans 3,348 square feet across two generously sized units. Each unit features 4 bedrooms and 1.5 bathrooms, offering spacious and comfortable living for tenants. Both units are currently rented, generating immediate cash flow from day one, with Unit 415 renting for $1,920 per month and Unit 417 renting for $1,710 per month, for a combined gross monthly income of $3,630 and a gross annual income of $43,560. A concrete pad located at the rear of the property presents a ready-made opportunity to construct a garage, a feature that would significantly increase the overall value and rental appeal of the property. Olde Towne East is one of Columbus's most desirable and historically rich neighborhoods, known for its walkability, proximity to Downtown Columbus, and strong rental demand. Whether you are looking to house-hack, expand your rental portfolio, or secure a turnkey investment in one of Columbus's premier neighborhoods, this property offers exceptional value with strong existing income and future upside potential.
