$775,000
Est. payment /mo
2,613 Sqft Lot
New
74 W Moler Street Columbus, OH 43207
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
Subdivision Merion Village
MLS Listing ID 226030094
Year Built 1960
Annual Tax Amount $14,688
Lot Size 2,613 Sqft
Lot Dimensions 0.06
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Rare opportunity to own a fully renovated, 100% occupied 8-unit, 1 bed/1 bath multifamily in one of Columbus's most sought-after neighborhoods. Located in Merion Village just minutes from Downtown, residents are steps from top restaurants, nightlife, and everything German Village and the Brewery District have to offer.
Nearly every unit has been updated within the last four years, and a 2019 roof replacement means this is a true turnkey asset with minimal deferred maintenance ahead. In-place rents average $890/month, with the most recent lease signed in July at $895, evidence of continued upward rent momentum and a stabilized, well-managed rent roll.
Full occupancy, strong renovation history, and low-touch operations make this an ideal addition for an investor looking to scale, or a great entry point for someone seeking a cash-flowing asset in a high-demand submarket.
Nearly every unit has been updated within the last four years, and a 2019 roof replacement means this is a true turnkey asset with minimal deferred maintenance ahead. In-place rents average $890/month, with the most recent lease signed in July at $895, evidence of continued upward rent momentum and a stabilized, well-managed rent roll.
Full occupancy, strong renovation history, and low-touch operations make this an ideal addition for an investor looking to scale, or a great entry point for someone seeking a cash-flowing asset in a high-demand submarket.
Location
State OH
County Franklin
Community Merion Village
Area 0.06
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Common
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-024760
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Connor Johnson Best Homes Real Estate Ltd.
Nearby Locations
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