Courtesy of: Joseph C Jackson, Keller Williams Capital Ptnrs, rjoe@kw.com
Courtesy of: Joseph C Jackson, Keller Williams Capital Ptnrs, rjoe@kw.com
$600,000
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Lot: 0.14 Acres
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Townhouse
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$600,000
2540 Neil Avenue Attention investors. This solid brick four-unit features four two-bedroom townhouse-style apartments in an excellent Old North Columbus location. Walkable to cafes, neighborhood shopping, the bus line, and the bike path-this is exactly where long-term rental demand stays strong. Current rents are $1, 100, $855, $1, 000, and $1, 040, with market rents closer to $1, 200 per unit, offering clear value-add potential through rent growth and selective updates. Two of the units have central air; the interior units do not and feature older furnaces-giving the next owner a straightforward path to improving cash flow. Owner pays water and sewer; tenants pay electric. Brick construction, a proven unit mix, and a location that continues to appreciate make this a strong long-term hold or repositioning opportunity in one of Columbus's most consistent rental corridors. Opportunities like this in Old North don't last-move on it.
Courtesy of: Joseph C Jackson, Keller Williams Capital Ptnrs, rjoe@kw.com
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