2878-2876-2878 Mcguffey Rd, Columbus, OH

Name: 2878 - 2876-2878 Mcguffey Rd, For Sale in Columbus - Zoocasa
Brand: Forge Real Estate Advisors
SKU: 226040777
Price: 2190000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,190,000

000

MLS® 226040777

Overview

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage No

Taxes $33,900

Days Active 1

Lot Size 0.10999999940395355 Acres

Approx. Age 1957

MLS® Number 226040777

Property Address: 2878-2876-2878 Mcguffey Rd, Columbus, OH, 43224-4132

Average square foot calculated using Size range provided by listing agent.

Description

Value-add portfolio opportunity in Columbus: 16 properties and 23 units, offered as a package at $2, 190, 000 (~$95, 000 per unit), with each property also available individually. The portfolio includes 12 single-family homes, 2 duplexes, a triplex, and a fourplex. 13 of the 23 units are currently leased, generating $14, 514 per month ($174, 000+ annually) in rent, so new owners have cash flow from day one as they stabilize the portfolio. Five fully vacant properties are well suited for a BRRRR or fix-and-flip, and the vacant units in the partially leased triplex and fourplex add lease-up and rent upside. Most of the portfolio is in Linden, just north of Downtown Columbus, with quick access to I-71, Cleveland Avenue, and Hudson Street, in a neighborhood seeing active revitalization and new development. Three additional homes are on Columbus's Westside. Affordable per-door pricing makes this a flexible fit for investors who want to scale in one move or pick off the individual properties that match their strategy.

MLS® Number226040777

Laundry Level

Central VacNo

FireplaceNo

Acreage0.11

Exterior

GarageNo

Approx. Age1957

Basement

Driveway

Garage Spaces

HeatForced Air

A/C

Extras

Map

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