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Active
$225,000

1614 Republic Avenue, Columbus, OH 43211

0
Beds
0
Baths
2,016
Sq Ft

About this home

CURB OFFERS ONLY Welcome to 1614 Republic Ave, a solid, low-maintenance triplex that serves as a fantastic 1% rule property to add to your portfolio. Boasting durable block construction, this property offers an easy-to-maintain asset in an East Linden neighborhood experiencing significant revitalization. Each of the three consistent-demand units features one bedroom and one bathroom, and the property includes three dedicated off-street parking spaces - a highly desirable amenity for tenants. The location offers unmatched convenience with quick access to The Ohio State University, downtown Columbus, and Easton Town Center. The building already features strong, immediate cash flow with a total gross income of $2,350/month: Unit A is rented for $725/month on a month-to-month lease, Unit B is rented at $850/month through 5/31/27, and Unit C is rented for $775/month through 4/30/27. For a truly seamless addition to your investments, the property currently has professional management in place, which can easily transfer to the new buyer if interested. With strong numbers, turnkey management potential, and a prime location in a rapidly appreciating area, this multi-unit building is a smart, high-performing investment you do not want to miss!

Location

Listed by Erik Hiss · Keller Williams Capital Ptnrs · Brokerage: (614) 888-1000

MLS # 226022136. This information is believed to be accurate, but without warranty. IDX disclaimer

Adam Price
Adam Price
Principal Broker
Information deemed reliable but not guaranteed. Listing courtesy of Keller Williams Capital Ptnrs.