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Property profile & analytics
OFF-MARKET
Apartment buildings

2297-2299 Ayers Dr Reynoldsburg, OH 43068

Built 1986
Property ID
US66-0836366
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Apartment buildings
Year built 1986
UPID US66-0836366
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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