3654 Arnelle Road new Save Request In-Person Tour Request Virtual Tour
Columbus,OH 43228
Key Details
Property Type Multi-Family
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225024681
Year Built 1970
Annual Tax Amount $4,895
Lot Size 10,454 Sqft
Property Sub-Type Townhouse
Property Description
This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With recent upgrades, this investment promises steady cash flow and growth.
Location
State OH
County Franklin
Area 0.24
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools South Western Csd 2511 Fra Co.
School District South Western Csd 2511 Fra Co.