Description
Investment opportunity! 3/1 duplex, fully rented at $2,000/mo. CMHA-approved rent increase to $1,500/mo per unit, with potential for $3,000/mo. Recent upgrades ($19,900) include central air, kitchen remodel, and a newly installed battery backup sump pump with street-connected drainage system, addressing potential drainage concerns. Strong cash flow potential with 10% annual Section 8 increases. Price reduced $275,000. Add this cash flow property to your portfolio.
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0BEDS
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0.13ACRES
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0BATHS
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01/2 BATHS
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2,416SQFT
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$114$/SQFT
Description
Investment opportunity! 3/1 duplex, fully rented at $2,000/mo. CMHA-approved rent increase to $1,500/mo per unit, with potential for $3,000/mo. Recent upgrades ($19,900) include central air, kitchen remodel, and a newly installed battery backup sump pump with street-connected drainage system, addressing potential drainage concerns. Strong cash flow potential with 10% annual Section 8 increases. Price reduced $275,000. Add this cash flow property to your portfolio.
© 2024 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or LifePoint Real Estate. Data last updated: 2024-09-10T23:52:33.19.