For Sale
$575,000

7820 Oldham DrReynoldsburg, OH 43068

Stunning 2021-built home, long-term leaseback. Excellent ROI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a meticulously maintained, single-family rental property located at 7820 Oldham Dr, Reynoldsburg, Ohio 43068, within Franklin County. Built in 2021, this property boasts 2,520 square feet of net rentable space and sits on a residential lot. The property is currently under a sale-leaseback agreement with the builder, offering a secure and lucrative investment. The lease, in place until June 2028, includes an option to extend until June 2030, providing long-term rental income stability. The monthly rent is $3400, with the lessee responsible for all maintenance, utilities, and upkeep, minimizing the owner's operational responsibilities. This turnkey investment is ideal for a 1031 tax-free exchange or for investors seeking passive income and appreciation potential. The property is sold as-is. This is a rare chance to acquire a high-quality, recently constructed rental property with a guaranteed income stream and significant upside potential. The property is zoned for residential use.

Highlights

  • $575,000 asking price.
  • Multifamily property, single-family rental portfolio.
  • Sale/leaseback investment opportunity.
  • 2,520 square feet of net rentable space.
  • Built in 2021, one building.
  • Located at 7820 Oldham Dr, Reynoldsburg, OH 43068.

Property Details for 7820 Oldham Dr

Property type
Residential income homes
Year Built
2021
Buildings
1

Location Insight

City
Reynoldsburg
County
Franklin
State
Ohio
Latitude
39.9728803
Longitude
-82.7922821
7820 Oldham Dr, Reynoldsburg, Ohio

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7820 Oldham Dr
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