7820 Oldham Dr Reynoldsburg, OH 43068
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 7820 Oldham Dr
- Year built
- 2021
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a meticulously maintained, single-family rental property located at 7820 Oldham Dr, Reynoldsburg, Ohio 43068, within Franklin County. Built in 2021, this property boasts 2,520 square feet of net rentable space and sits on a residential lot. The property is currently under a sale-leaseback agreement with the builder, offering a secure and lucrative investment. The lease, in place until June 2028, includes an option to extend until June 2030, providing long-term rental income stability. The monthly rent is $3400, with the lessee responsible for all maintenance, utilities, and upkeep, minimizing the owner's operational responsibilities. This turnkey investment is ideal for a 1031 tax-free exchange or for investors seeking passive income and appreciation potential. The property is sold as-is. This is a rare chance to acquire a high-quality, recently constructed rental property with a guaranteed income stream and significant upside potential. The property is zoned for residential use.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reynoldsburg
- County
- Franklin
- State
- Ohio
- Longitude
- -82.7923
- Latitude
- 39.9729
