1287-1289 City Park Ave, Columbus, OH 43206

Description

INVESTOR OPPORTUNITY! Exceptional income-producing duplex at 1287-1289 City Park Ave featuring two spacious 3-bedroom units, each with 1.5 baths--an especially desirable and uncommon feature for a duplex of this age. The property currently generates $4,600 per month in combined rental income, with both leases in place through June and July 2027, providing stable income for the new owner.

The 1289 side was completely renovated in 2018, while the kitchen in the 1287 side was renovated in 2008. Both units have been upgraded to 200-amp electrical service, an important improvement for a property of this age.

Adding to the property's appeal is a rare 4-car detached garage, providing abundant off-street parking and valuable storage space. Tenants pay all utilities, helping keep owner operating expenses manageable.

With $55,200 in current annual gross rental income, desirable 3-bedroom floor plans, 1.5 baths on each side, updated electrical service, renovated units, updated kitchens, and a 4-car detached garage, this property offers a compelling combination of income and hard-to-find features. Conveniently located in Columbus with easy access to shopping, dining, parks, employment centers, and major roadways.

Whether expanding an existing portfolio or purchasing a first investment property, 1287-1289 City Park Ave offers an excellent opportunity to acquire a duplex with established rental income and long-term potential.