
Description
Built in 1926, the 2,240 sq. ft. building consists of two updated units, both currently occupied with leases in place. A professional management company is already in place. The property generates a gross monthly income of $3,400, with total operating expenses of $1109, resulting in a net operating income of $2291 per month! It features forced air heating, window A/C, a basement, washer/dryer hookups, and a shared driveway with four parking spaces. The owner covers electric, gas, and sewer expenses. Located in Columbus CSD within Franklin County, it offers a turnkey investment opportunity with immediate rental income. Proforma in the Documents based on actual numbers. Both units have been beautifully updated. Wonderful investment opportunity. Both sides are occupied with leases in place.
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01/2 BATHS
Description
Built in 1926, the 2,240 sq. ft. building consists of two updated units, both currently occupied with leases in place. A professional management company is already in place. The property generates a gross monthly income of $3,400, with total operating expenses of $1109, resulting in a net operating income of $2291 per month! It features forced air heating, window A/C, a basement, washer/dryer hookups, and a shared driveway with four parking spaces. The owner covers electric, gas, and sewer expenses. Located in Columbus CSD within Franklin County, it offers a turnkey investment opportunity with immediate rental income. Proforma in the Documents based on actual numbers. Both units have been beautifully updated. Wonderful investment opportunity. Both sides are occupied with leases in place.
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