This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With recent upgrades, this investment promises steady cash flow and growth.
For sale
$525,000
3654 Arnelle Rd, Columbus, OH 43228
--beds
0baths
--sqft
Est.:
Townhouse
Built in 1970
10,454.4 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
On-street parkingFull basementGas forced-air heatingNew kitchens
- 17 days
- on Zillow |
- 237 |
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