Investment property in Columbus Ohio For Sale

  • $224,000
  • 6 beds
  • 3 baths
  • 1,800 sqft

Investment property in Columbus Ohio is priced 11% below market after repair value. The rents are at 600.00 a month; which are low due to current owner renting to family. All leases are on a month-to-month lease.

The investment property for sale is located in Obetz Ohio  zip code 43207. Each unit is a single level five room flat. The investment property is a two-bed room one bath tri-plex with off street parking.  The property is being sold as is where is with the current owner making no repairs to the property before or during escrow.

The community (originally Obetz Junction, in honor of settler Charles Obetz) was formed in 1838 as a stagecoach junction, and incorporated in 1928. Nearby Reese Station served as the railroad station for the immediate area, while other adjacent communities such as Groveport, Lockbourne and Canal Winchester were part of the Ohio and Erie Canal and lock system. The close proximity of Obetz Junction to these towns transformed the area into a hub of commerce, travel and trade in the mid-19th century. Communities such as Obetz and its neighbors, with their strong ties to transportation helped to further cement Central Ohio and Columbus, Ohio’s status as the state capital.

Obetz Ohio rental statistics for the total rental market; range from five hundred dollars to one thousand five hundred dollars. The break down is

  • 6% priced at $500.00 or lower
  • 18% priced at $501.00 to $700
  • 70% priced at $701.00 to $1000.00
  • 5% priced at $1001 to $1500.00

This investment property for sale is located in a stable rental market where the community was formed in the early 1800’s. Click Here to get more information or to speak with the listing agent on this investment property in Columbus Ohio.

Price:
$224,000
Address:
1784-1788 Lisle Ave
Obetz , OH 43207
Square Feet:
1,800
Lot Size:
.0771
Bedrooms:
6
Bathrooms:
3
Terms:
For Sale
Property Type:
Triplex
Year Built:
1969
Basement:
None
Const. Type:
stick built

Additional Features

The rents are at 600.00 a month; which are low due to current owner renting to family. All leases are on a month-to-month lease.

Call Local 614-304-3366 / Toll Free 1-888-815-5116 for more details

Property Location