1685 Franklin Ave Columbus, OH 43205
This charming 2-unit brick duplex, located at 1685 Franklin Avenue in Columbus, Ohio's historic Olde Town East neighborhood, presents a fantastic investment opportunity. Built in 1900 and extensively renovated in 2023, this property boasts 100% occupancy with both units currently leased. The upper unit (1687) commands a monthly rent of $1695 on a 12-month lease commencing August 1, 2024. The lower unit (1685) is currently leased for $1520 per month through February 2025. The property sits on a 5,662.8 square foot lot and features updated electrical and plumbing systems, along with new furnaces and hot water tanks. Each sun-filled unit retains its original character with vintage woodwork and hardwood floors, offering a blend of historic charm and modern convenience. The asking price is $514,900, translating to $199.88 per square foot. This turnkey property offers immediate cash flow and significant potential for long-term appreciation in a desirable and historically rich Columbus neighborhood. The property's zip code is 43205, and it is located in Franklin County.
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