62 S Eureka Avenue Columbus, OH 43204

Building Details

Year Built

1920

Listing agency Red 1 Realty

Listed by Justin Hazley · License #2011000514

Source Crexi

Added: Sep 9, 2024 Updated: Jul 6 at 7:45AM Checked: Jul 21 at 1:47PM

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Investment Insights

Based on property information with market context.

This tenant-occupied duplex presents an opportunity for landlords and investors to generate income. Each side of the duplex features three bedrooms and one bathroom. Unit 62 is leased until February 2025, while unit 64 is leased until September 2025. The property is currently rented below market value for the area. Upon lease expiration, there is potential to increase rents and/or implement cosmetic updates to achieve market rates of $2,600 to $3,000 per month. A recent home inspection report is available.

Key Highlights

• Turnkey tenant‑occupied rental property generating $2,110/month income.
• Potential to increase rent to $2,600-$3,000/month per unit upon lease expiration.
• Two units are currently leased, providing immediate income.

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FAQs

What type of property is this?

Duplex - Tenant-occupied duplex, generating $2,110 monthly income, with potential for growth.

Where is this duplex located?

The property is located at 62 S Eureka Avenue Columbus, OH.

What is the asking price?

The asking price for this property is $219,900.

What are key features of this property?

This property features: Turnkey tenant‑occupied rental property generating $2,110/month income.; Potential to increase rent to $2,600-$3,000/month per unit upon lease expiration.; Two units are currently leased, providing immediate income.