802 Kenwick Rd - Apartments FOR SALE


Columbus, OH 43209- Eastmoor
$650,000 USD
614-681-8395
802 Kenwick Rd, Columbus, OH for Sale
$650,000 USD
Apartments - FOR SALE
1/71
null | 7.58% Cap Rate

802 Kenwick Rd
Columbus, OH 43209
Eastmoor


HIGHLIGHTS

  • Prime Location
  • Spacious 2-Bedroom Units
  • Convenient Access to Downtown Columbus
  • Immediate Cash Flow/ Growth Potential
  • Units Near Bexley, East Market, & Franklin Park Conservatory
  • Timeless Hardwood Flooring

OVERVIEW

Excellent investment opportunity in highly desirable South Eastmoor! This well-maintained, all-brick four-unit property offers a strong combination of existing rental income, quality improvements, and long-term investment potential. Each of the four spacious units features 2 bedrooms and 1 full bath, with three currently rented at $985, $995, and $975 per month and one unit vacant--providing immediate opportunity to lease at current market rent or accommodate an owner-occupant. The property has been thoughtfully updated while maintaining its original character. Units feature refinished hardwood floors, decorative fireplaces, separate dining rooms, and updated kitchens with soft-close cabinetry, granite countertops, and stainless steel appliances. Additional capital improvements include newer windows, updated bathrooms, and all HVAC systems replaced between 2017 and 2021, and 3 water heaters are less than 1 year old. The large, clean basement provides four individual laundry areas and private storage for each unit, while four detached one-car garage spaces offer additional tenant amenities and potential income opportunities. With its all-brick construction, slate roof, significant updates, established rental income, Columbus taxes, and desirable South Eastmoor location, this property presents an attractive opportunity for investors looking to add a quality multi-family asset to their portfolio. Turnkey income today with additional upside potential for tomorrow.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

7.58%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,189 SF

ZONING

-

APN/PARCEL ID

010-054785

ASK ABOUT THIS PROPERTY

Racquel LudawayKeller Williams Consultants RealtyMore Info
614-681-8395

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

Racquel LudawayKeller Williams Consultants RealtyMore Info
614-681-8395

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