1048 E 20th Avenue, Columbus, OH 43211
1048 E 20th Avenue, Columbus, OH 43211
1048 E 20th Avenue, Columbus, OH 43211
1048 E 20th Avenue, Columbus, OH 43211
1048 E 20th Avenue, Columbus, OH 43211
1048 E 20th Avenue, Columbus, OH 43211
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Kelsey Corcoran

Kelsey Corcoran

+1(614) 800-7995
$ 340,000
Est. payment | /mo

9,583 Sqft Lot

Save
$ 340,000
Est. payment | /mo
Save

9,583 Sqft Lot

Key Details

Property Type Multi-Family, Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226021702

Year Built 1940

Annual Tax Amount $3,184

Lot Size 9,583 Sqft

Lot Dimensions 0.22

Property Sub-Type Townhouse

Source Columbus and Central Ohio Regional MLS

Property Description

One of the few multifamily properties currently available in the Linden area, this is a rare opportunity to acquire a cash-flowing asset with significant potential for value creation. This brick 4-unit multifamily property features four 2-bedroom, 1-bath townhouse-style units, each with a private basement. Two of the four units are currently occupied, providing immediate rental income. One unit is rent ready and on the market for $1000 while the other vacant unit offers significant value-add potential. The occupied units have been updated with replacement windows, furnaces, and kitchen improvements. Unit 1050 is leased through December 2026 at $800 per month. Unit 1052 is leased through May 2027 at $950 per month. Unit 1054 is currently vacant and requires a full renovation. Professionally managed, the property offers stable tenancy with additional upside through renovation and future rent growth. The vacant units are easy to show. Occupied units may be viewed after an accepted contract, contingent upon inspection. BEING SOLD AS IS.

Location

State OH

County Franklin

Area 0.22

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Equipment No

Laundry No Laundry Rooms

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Tax ID 010-073249

Acceptable Financing Conventional

Listing Terms Conventional

Listed by Cheryl D Morgan Heart & HomePropertyManagement

Nearby Locations

Kelsey Corcoran

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(614) 800-7995

kcorcoran@collinslassitergroup.com

921 Eastwind Dr Suite 102, Westerville, OH 43081

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1048 E 20th Avenue