Courtesy of: Sabina M Carder | Crites Realty Company
Purchase Type: Sale
MLS ID: 221000461
Days On Market: 24
Year Build: 1910
Lot size: 0.14
Status: Contingent Finance and Inspection
Property Type: Multi-Family
New Construction: No
Swimming Pool: No
School District: Marion Csd 5102 Mar Co.
Address: 370 S State Street #1-4
Neighborhood: Bain Addition
4-plex cash cow opportunity. Cash flow on this will be $700 x 4=$2800 + laundry income + storage income; monthly. Property has been owned since Mid-September of 2020. Recently renovated (65k) all 4 units and they look virtually alike. 2 units recently rented on a 1 yr lease at $700 monthly each. Current tenants have been vetted for employment records proven. Each unit is 600 sq ft and has its own bedroom, bathroom, kitchen, ovens and refrigerators etc. other 2 units just finished renovation at the end of the year and placed on the market in January for rent. Central heat, A/C, and common areas paid by owner. Tenants pay for viewing after accepted offer and proof of financing/funds. Agent principle owner: corporate owned. Additional income opportunity here is in the basement.
IDX information provided courtesy of the Columbus Board of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 6th May, 2021 12:58 AM