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$3,250,000
-- Bed
-- Bath
--sqft
226-234 Whittier Dr S, Lancaster, OH 43130
$3,250,000
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Townhouse
Built in 2024
$-- HOA
1.28 acres lot
--/sqft
Description
Whittier Townhomes - A rare opportunity to acquire a newly constructed, fully stabilized 12-unit multifamily community with a 100% property tax abatement in place through 2041. Current annual property taxes are just $1,278, significantly boosting net operating income, as any increase in taxable improvement value is fully abated. Completed in 2024, the community features a desirable unit mix of six 2-bed/2.5-bath townhomes (1,484 SF each) and six 3-bed/2.5-bath townhomes (1,729 SF each). All units are 100% leased, producing $20,828 in monthly gross income, with average rents of $1,667 for the 2-bed units and $1,805 for the 3-bed units. Each unit offers condo-quality finish...
Continue Reading- Houzeo last checked: 49 Minutes ago
- Listing updated: July 28, 2025 at 8:17 pm
- Listing Provided by: Jonathan Lorenz (614) 517-4590 | Lim Realty Group (614) 456-7365
- Source: Columbus and Central Ohio Regional MLS-OH | MLS#: 225023675
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
--
Year Built
2024
HOA Fees
-
Finished Area
- sqft
Lot Size
1.28 acres lot
Basement Area
- sqft
MLS Name
Columbus and Central Ohio Regional MLS
MLS Number
225023675
MLS Status
Active
Days on Market
161
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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