$21K gross annual rents, 14%+ proj. cap, in very desirable area!!

[Jesse Cabot]

786-788 Carpenter St, Columbus, OH 43206

Price: $69,000

ARV: $199K if rehabbed and converted into a single family

4 bed/2 bath

2 bed/1 bath per unit

Estimated rent per unit: $800/month

SQFT: 2,064

Yr Built: 1920

You should evaluate this property as either a rehab or a rental. It's located in a very desirable area in Columbus, near Children's Hospital in Southern Orchards. This property is in a great pocket, with many rehabbed homes surrounding it, improving the general appearance of the entire street. Also, an elementary school is across the street from this duplex, giving the street an overall good feel to it. 

Showings on November 6, 1:00 pm: If you prefer not to bid against other investors, offers may be accepted before showing date. If accepted, the contract will be assigned and a private walkthrough will be scheduled.

Occupancy: Both units are currently occupied. Tenants are on a month-to-month. So, notice/reno/re-rent would be needed to get market rent.

If you're interested or you have any questions, please contact me by PM, email, or phone.

Phone: 740-294-9809

Email: [email protected]