Columbus Ohio 14 Unit Townhouse Complex FS $269,000 (20% caprate)
I AM REPOSTING LAST BUYER LIED ABOUT BEING A CASH BUYER!!!
CASH BUYER ONLY MUST BE ABLE TO CLOSE WITHIN 20 DAYS.
CASH COW PROPERTY WITH A 20% CAP RATE.
I am selling my 14 unit townhouse complex (4 buildings but one building with 4 units are empty and need rehabbed). They are 2-3 bedrooms and 10 units had 120k invested and were remodeled 2 years ago. New windows, New flooring in most units, newer paint, new fixtures.... Each unit has a full dry and very nice basement. These units keep 95% occupancy at all times and rent very easy. The 10 units (currently all rented in a lease) are updated and in clean, good condition. Current rents are $575-$600 per month and each unit has its own water meter and billed directly!!
Parcel numbers: 010-000207-(825-831 Manning St.), 010-005750-(807-813 Manning St.), 010-005753 (817-823 Manning St.), 010-042865-(1754-1756 Gault St).
The building that needs rehabbed was recently looked at by a contractor of the previous buyer and the estimate for all repairs was $47,000.00-$51,000.00
Priced to sell very fast!!
Agent owned