7820 Oldham DrReynoldsburg, OH 43068

Property Details for 7820 Oldham Dr

Year built

2021

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Reynoldsburg

County

Franklin

State

Ohio

Latitude

39.9729

Longitude

-82.7923

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