About 1025-1027 E 21st Avenue
Income-producing duplex with strong cash-flow potential! This well-maintained multifamily property features two units, each offering 2 bedrooms, 1 full bathroom, a full basement, and washer/dryer hookups. Whether you're an investor looking to add a cash-flowing rental property to your portfolio or an owner-occupant interested in house hacking by living in one unit while renting the other, this property presents an excellent opportunity. Previously approved to meet Section 8 requirements and most recently rented for $1,300 per side, generating $31,200 in annual gross rental income. Full basements provide additional storage and utility space for tenants. With attractive income potential, an estimated double-digit cap rate, and a convenient location, this investment property is well-positioned for both long-term rental income and portfolio growth.
Features of 1025-1027 E 21st Avenue
| MLS® # | 226022665 |
|---|---|
| Price | $199,000 |
| Acres | 0.11 |
| Year Built | 1958 |
| Type | Multi-Family |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1025-1027 E 21st Avenue |
|---|---|
| Area | None |
| City | Columbus |
| County | Franklin |
| State | OH |
| Zip Code | 43211 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
School Information
| District | COLUMBUS CSD 2503 FRA CO. |
|---|
Listing Details
| Office | Amanda J Howard of Keller Williams Consultants |
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