About 1614 Republic Avenue
CURB OFFERS ONLY Welcome to 1614 Republic Ave, a solid, low-maintenance triplex that serves as a fantastic 1% rule property to add to your portfolio. Boasting durable block construction, this property offers an easy-to-maintain asset in an East Linden neighborhood experiencing significant revitalization. Each of the three consistent-demand units features one bedroom and one bathroom, and the property includes three dedicated off-street parking spaces - a highly desirable amenity for tenants. The location offers unmatched convenience with quick access to The Ohio State University, downtown Columbus, and Easton Town Center. The building already features strong, immediate cash flow with a total gross income of $2,350/month: Unit A is rented for $725/month on a month-to-month lease, Unit B is rented at $850/month through 5/31/27, and Unit C is rented for $775/month through 4/30/27. For a truly seamless addition to your investments, the property currently has professional management in place, which can easily transfer to the new buyer if interested. With strong numbers, turnkey management potential, and a prime location in a rapidly appreciating area, this multi-unit building is a smart, high-performing investment you do not want to miss!
Features of 1614 Republic Avenue
| MLS® # | 226022136 |
|---|---|
| Price | $225,000 |
| Acres | 0.15 |
| Year Built | 1956 |
| Type | Multi-Family |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 1614 Republic Avenue |
|---|---|
| Area | None |
| Subdivision | East Linden |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43211 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
School Information
| District | COLUMBUS CSD 2503 FRA CO. |
|---|
Listing Details
| Office | Erik Hiss of Keller Williams Capital Ptnrs |
|---|