1878 Eddystone Avenue

About this property

INVESTOR OPPORTUNITY -Per the sellers: 8.25%+ CAP RATE! Add a turnkey, income-producing asset to your portfolio with this updated all-brick, 3-unit multifamily property in Columbus. All three units are rent-ready/turnkey and generate $3,150 per month in combined rental income, providing attractive cash flow from day one. The property features two 2-bedroom over/under flats (Units A & B) plus a 2-bedroom townhouse (Unit C), offering a desirable and diversified unit mix. Recent tasteful updates enhance tenant appeal while the durable all-brick construction supports long-term ownership. A newer privacy fence creates attractive, private outdoor space for residents. With a cap rate exceeding 8.25%, strong existing rental income, and a convenient location just minutes from Downtown Columbus, The Ohio State University, Clintonville, Easton, and major employment, shopping, dining, and entertainment destinations, this property presents an excellent opportunity for investors seeking immediate cash flow and long-term upside. Turnkey. Cash-flowing. 8.25%+ cap rate. Three units. One investment opportunity.

Highlights

Sewer

Public Sewer

Heating

Forced Air

Utilities

Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Water Source

Public

Listing Terms

Conventional

Lot Size Acres

0.16

Location