27
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$765,000
Est. payment /mo
5,227 Sqft Lot
Price Dropped by $15K
5864 N 20th Street Columbus, OH 43203
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
Subdivision King-Lincoln Bronzeville
MLS Listing ID 225014936
Year Built 1900
Annual Tax Amount $9,449
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Unlock dependable, hands-off income with this well-maintained, four-unit investment building. Each spacious 3-bed, 1-bath apartment is currently leased at an average of $1,600/month, generating a gross rental income of $6,400/month (over $76,800 annually, 7.8% approximate cap rate). Tenants cover all utilities, maximizing your net operating income from day one. Whether you're expanding your portfolio or seeking a first multi-family acquisition, this property delivers immediate returns and long-term growth potential.
This property is fully occupied, Please do not disturb tenants.
Curb offers only. Buyer walk-through provided 24hours after acceptance of offer.
This property is fully occupied, Please do not disturb tenants.
Curb offers only. Buyer walk-through provided 24hours after acceptance of offer.
Location
State OH
County Franklin
Community King-Lincoln Bronzeville
Area 0.12
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-019547
Listed by Matthew D Cochrell MDC Realty Limited