See all 33 photos
$535,000
Est. payment /mo
0.27 Acres Lot
New
2363 Hampstead Drive #2363-65-67 Columbus, OH 43229
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Key Details
Property Type Multi-Family
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Subdivision Woodgate Village
MLS Listing ID 225017902
Year Built 1980
Annual Tax Amount $4,705
Lot Size 0.270 Acres
Lot Dimensions 0.27
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
Property Description
Rare and Fantastic opportunity knocking in North Columbus - A three unit with 2 beds/1.5 baths and -can you believe it?- Each Unit has their own Fenced in Backyard! Wow.
This excellent addition to any portfolio brings in a whopping $48,744/year AND boasts about a 5.7% cap rate -FIVE POINT SEVEN- at list price. (Based on monthly rent which is $4,123, Taxes = $4705 annually, Insurance = $2490 annually, Water/Sewer ~ $500 quarterly, and a Property Management Fee of 10%. Vacancy was calculated at 3%, Maintenance was calculated at 3%). Tenants pay for all other utilities. This is a Professionally Managed property that just had some updating and repairs in a desirable area, and a chance to purchase something with minimum maintenance and growing rents for years to come. HIGHEST AND BEST OFFER DUE SUNDAY MAY 25 BY 5:00PM
This excellent addition to any portfolio brings in a whopping $48,744/year AND boasts about a 5.7% cap rate -FIVE POINT SEVEN- at list price. (Based on monthly rent which is $4,123, Taxes = $4705 annually, Insurance = $2490 annually, Water/Sewer ~ $500 quarterly, and a Property Management Fee of 10%. Vacancy was calculated at 3%, Maintenance was calculated at 3%). Tenants pay for all other utilities. This is a Professionally Managed property that just had some updating and repairs in a desirable area, and a chance to purchase something with minimum maintenance and growing rents for years to come. HIGHEST AND BEST OFFER DUE SUNDAY MAY 25 BY 5:00PM
Location
State OH
County Franklin
Community Woodgate Village
Area 0.27
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Columbus Csd 2503 Fra Co.
Others
Tax ID 010-212215
Listed by Joseph M Peffer Delicious Real Estate Group