2297-2299 Ayers Dr Reynoldsburg, OH 43068
This exceptional investment opportunity presents a beautifully renovated brick duplex located at 2297-2299 Ayers Drive in Reynoldsburg, Ohio, 43068. Built in 1986 and completely renovated in 2023, this property boasts two spacious units, each offering a comfortable and modern living experience. Each unit features a generous living room, an eat-in kitchen, a convenient powder room on the main floor, two large bedrooms, and a full bathroom upstairs. A full basement provides ample storage space. Adding to the appeal are private one-car garages and patios, along with a sizable rear yard (14,810.4 sq ft lot). Currently, one unit commands a monthly rent of $1495 on a month-to-month lease, while the other unit is projected to achieve the same rental rate of $1495 starting August 20, 2024. This fully rented duplex presents a strong cash flow potential. The property's prime location offers easy access to major freeways, enhancing its desirability and convenience. The asking price for this turnkey investment is $380,000. This is a rare opportunity to acquire a high-quality, fully renovated multifamily property in a desirable location with excellent rental income potential. Don't miss out on this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.