3654 Arnelle Rd - Multi-Family FOR SALE


Columbus, OH 43228- Holly Hill
$525,000 USD
614-900-1000
3654 Arnelle Rd, Columbus, OH for Sale
$525,000 USD
Multi-Family - FOR SALE
1/26
null | 7.12% Cap Rate

3654 Arnelle Rd
Columbus, OH 43228
Holly Hill


OVERVIEW

This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With recent upgrades, this investment promises steady cash flow and growth.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$88 USD /SF

# OF UNITS

4

PRICE/UNIT

$131,250

CAP RATE

7.12%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,324 SF

ZONING

-

APN/PARCEL ID

570-204074

ASK ABOUT THIS PROPERTY

Fisal IkhmayesDi Lusso Real EstateMore Info
614-900-1000

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Fisal IkhmayesDi Lusso Real EstateMore Info
614-900-1000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.