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$ 525,000
Est. payment | /mo
8,712 Sqft Lot
$ 525,000
Est. payment | /mo
8,712 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
Subdivision Berwick
MLS Listing ID 226042195
Year Built 1948
Annual Tax Amount $13,492
Lot Size 8,712 Sqft
Lot Dimensions 0.2
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Fantastic Investment Opportunity in Desirable Berwick! This solid, all-brick 4-unit building offers tremendous potential in a convenient, well-established neighborhood! Each spacious unit features 2 bedrooms, 1 full bathroom, a comfortable living room, dining area, and eat-in kitchen. The building offers a common entrance, shared yard, basement with laundry facilities, and a detached 4-car garage--a valuable amenity for tenants! Currently, 2 units are occupied and 2 are vacant, providing immediate rental income along with excellent opportunities for owner-occupancy, lease-up, or future rental growth. Current rents are $995/month plus utilities for Unit A and $900/month for Unit D, occupied by a long-term tenant, generating $1,895 per month ($22,740 annually) with additional income potential from the vacant units! Notable improvements include A/C replacements in Units B (2024) and C (2023), A/C and furnace replacement in Unit D (2019), a new hot water tank in Unit C (2021), new garage roof and gutters (2025), replaced fascia on the main building (2025), and some plumbing updated to PVC. Ideally located in Berwick, with convenient access to restaurants, shopping, public transportation, major freeways, and the Jewish Community Center. Whether you're expanding your investment portfolio or looking for a property with value-add potential, this well-located brick fourplex is an opportunity you won't want to miss!
Location
State OH
County Franklin
Community Berwick
Area 0.2
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.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-088196
Listed by Richard Russo Rich Russo Realty & Co.
NEARBY SCHOOLS & PROPERTIES
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