Are you looking for a great investment opportunity in Columbus? Look no further! There is a fantastic brick duplex for sale in the desirable Franklin Park neighborhood that offers multiple cash flow opportunities. Whether you’re an owner-occupant, a long-term rental investor, or interested in short-term rentals, this property has the potential to fulfill your needs.
Each unit in this duplex boasts newer mechanicals and has been fitted with new windows as of 2022. Additionally, both units have a full basement and are submetered for electric and gas, providing convenience and efficiency for both the owner and tenants. The total building square footage is 2,688, and that doesn’t even include the 3rd floor of unit 370, which adds even more space and potential.
One of the standout features of this property is the inclusion of a set of conceptual plans for a carriage house. This extra space could be used in a variety of ways, such as a guest house, office, or additional rental unit, further increasing the income potential of the property.
Unit 370 Morrison has recently undergone electrical updates in 2022 and will come with a custom cabinetry package featuring solid wood soft-close and dove-tail joints. These high-quality finishes add a touch of luxury to the unit and make it even more appealing for potential tenants or an owner-occupant.
On the other hand, unit 372 Morrison already has a full set of plans ready for submission. This means that any renovations or upgrades can be done efficiently and quickly, saving you time and money in the process.
As an added bonus, the sale of this Columbus duplex includes a Bertazzoni gas range and other high-end stainless steel appliances. These appliances not only enhance the aesthetic appeal of the property but also add value and desirability for tenants or future buyers.
Lastly, it’s important to note that this property is eligible for a 100% tax abatement. This means that you can enjoy significant tax savings, making it even more attractive for investors or owner-occupants looking to maximize their return on investment.
In conclusion, this Columbus duplex for sale in Franklin Park offers a unique opportunity for investors and owner-occupants alike. With newer mechanicals, new windows, submetered utilities, and additional space for expansion, this property has the potential to generate substantial cash flow. Don’t miss out on this incredible opportunity – schedule a showing today!
370-372 Morrison Avenue, Columbus, OH 43205