31
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$525,000
Est. payment /mo
10,454 Sqft Lot
New
3654 Arnelle Road Columbus, OH 43228
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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
Lot Dimensions 0.24
Property Sub-Type Townhouse
Source Columbus and Central Ohio Regional MLS
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.
Others
Tax ID 570-204074
Listed by Fisal Ikhmayes Di Lusso Real Estate