For Sale
$350,000

3423-3425 Westpoint Dr Columbus, OH 43232

Columbus, OH Duplex - Great Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
134
This Columbus, Ohio duplex, located at 3423-3425 Westpoint Drive, presents a compelling investment opportunity. The property, built in 1985, consists of two spacious three-bedroom, one-and-a-half-bathroom units, each with a one-car garage and a full, separate basement. Both units are currently occupied by long-term tenants, ensuring immediate cash flow. Unit 3423 commands a monthly rent of $950 through June 30, 2025, while Unit 3425 rents for $1,000 until June 30, 2025, renewing at $1,050 until June 30, 2026. Tenants are responsible for all utilities, including water. Recent upgrades include new air conditioning units installed in 2020 and 2021. Situated on a 7,405.2 square foot lot, this property offers significant potential for appreciation, particularly given its proximity to the growing Obetz area. The asking price is $350,000, translating to $147.31 per square foot. This turnkey duplex is ideal for investors seeking to diversify their portfolio or increase rental income. The property's strong tenant occupancy and predictable cash flow make it an attractive addition to any investment strategy. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Columbus location.

Property Details for 3423-3425 Westpoint Dr

Property type
Apartment buildings, Small apartment buildings
Year Built
1985
Units
2

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.9186539
Longitude
-82.905291

FAQs

What type of property is this?
Apartment building - Columbus, OH Duplex - Great Cash Flow
Where is the apartment building located?
The property is located at 3423-3425 Westpoint Dr Columbus, OH.
What is the asking price?
The asking price for this property is $350,000.
How can I contact the broker?
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3423-3425 Westpoint Dr
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