1292 Atcheson StColumbus, OH 43203

Property Details for 1292 Atcheson St

Year built

1920

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This Columbus, Ohio duplex located at 1292 Atcheson Street, zip code 43203, presents a compelling investment opportunity. Built in 1920, this multifamily property boasts two three-bedroom, one-bathroom units situated on a 4,356 square foot lot. Each unit features a full basement and a fenced backyard. Recent upgrades include new luxury vinyl plank (LVP) flooring installed on the first floor of both units in 2023. One unit is currently vacant, nearly ready for immediate rental with new carpeting recently installed on the second floor and stairway. The other unit is occupied by a tenant with a CMHA voucher. The current monthly rent is $1200, inclusive of a $90 water fee; CMHA contributes $1181, with the tenant covering the balance. The property is being sold "as-is," and potential buyers are asked to not disturb the tenants. This property offers immediate cash flow and a small-scale project to prepare the vacant unit for rental. The asking price is $284,000, with a price per square foot of $127.01. This is an excellent opportunity for investors seeking a strong return on investment in a desirable Columbus location.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

39.975

Longitude

-82.968

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