Ohio
Columbus
58-64 N 20th Street

$739,000

58-64 N 20th Street, Columbus, OH 43203

Condominium
Built in 1900
5,227sqft lot
—— car garage
$——/sqft
Listed 4 months ago

Property Description

Unlock dependable, hands-off income with this well-maintained, four-unit investment building. Each spacious 3-bed, 1-bath apartment is currently leased at an average of $1,600/month, generating a gross rental income of $6,400/month (over $76,800 annually, 7.8% approximate cap rate). Tenants cover all utilities, maximizing your net operating income from day one. Whether you're expanding your portfolio or seeking a first multi-family acquisition, this property delivers immediate returns and long-term growth potential. This property is fully occupied, Please do not disturb tenants. Curb offers only. Buyer walk-through provided 24hours after acceptance of offer.

Listing Status:: Active
Date Added:: May 2, 2025 at 05:00AM
Listing Office:: MDC Realty Limited : 614-383-9885
Listing Agent:: Matthew D Cochrell : 614-296-3100
MLS ID:: 225014936

Parking: Parking spaces: 4

This listing courtesy of Matthew D Cochrell, MDC Realty Limited

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Trevitt Elementary School

519 Trevitt St, Columbus, OH, 43203

Grades PK-5

0.65 miles away

Champion Middle School

284 N 22nd St, Columbus, OH, 43203

Grades 6-8

0.43 miles away

East High School

1500 E Broad St, Columbus, OH, 43205

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.