113-115 W Park Ave, Columbus, OH 43222

Description

Tax Abated Duplex through 2038!! This property features two spacious 3bed/2 full bath units with functional layouts that continue to attract and retain long-term tenants.

The property is currently generating strong income with Unit 113 rented at $1,540 + $65 water fee + $30 pet fee (lease through June 30, 2026) and Unit 115 rented at $1,375 + $65 water fee + $30 pet fee (lease through April 30, 2026), providing immediate and stable cash flow. Monthly income is $3,105!! Unit 115 will be renewing at $1,400.

Major mechanical updates have been completed, with both furnaces and A/C units replaced in 2023, helping minimize near-term capital expenses. Kitchen appliances ha...