83 Lechner Ave Columbus, OH 43223
Central Hilltop NeighborhoodEstimated payment $3,290/month
Highlights
- Forced Air Heating and Cooling System
- Hot Water Heating System
- 4-minute walk to Wrexham Park
About This Home
Six-unit townhome property located in an Opportunity Zone with spacious 2-bedroom, 1-bath units. Five units are occupied and two are vacant, offering solid income with value-add potential. Four units have been completely renovated with new hot water tanks, and the property features a new roof, new main drain line, and new sewage clean-out. Market rents average $950-$1,250 per unit. Each unit has separate utilities and private entrances. The property also includes an extra rear lot that can be used for parking, storage, or possible future development. Conveniently located near downtown Columbus and major highways. Strong investment with excellent upside in a growing area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,539
Year Built
- Built in 1912
Lot Details
- 6,098 Sq Ft Lot
Home Design
- 9,072 Sq Ft Home
Utilities
- No Cooling
- Forced Air Heating and Cooling System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 010-004923
Community Details
Overview
- 6 Units
Building Details
- Operating Expense $24,404
- Gross Income $52,600
- Net Operating Income $9,749
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2019 09/30/19 | Sold | $220,000 | -20.0% | $24 / Sq Ft | View Prior Sale |
| 08/03/2019 08/03/19 | Pending | -- | -- | -- | |
| 06/01/2019 06/01/19 | For Sale | $275,000 | 0.0% | $30 / Sq Ft | |
| 05/20/2019 05/20/19 | Pending | -- | -- | -- | |
| 04/14/2019 04/14/19 | For Sale | $275,000 | -- | $30 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226005048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1936 Floral Ave
- 2045 W Broad St
- 83 Belvidere Ave
- 45 Belvidere Ave
- 151 Columbian Ave
- 178 Belvidere Ave
- 196 Belvidere Ave
- 172 Whitethorne Ave
- 34-36 Midland Ave
- 247 Columbian Ave
- 264 Nashoba Ave
- 107 Midland Ave Unit 107-109
- 265-267 Belvidere Ave
- 249 Midland Ave
- 244 Clarendon Ave
- 329-331 Whitethorne Ave
- 66 S Wheatland Ave
- 1953 Sullivant Ave
- 1921 Sullivant Ave
- 225 S Highland Ave
- 1963 W Broad St Unit 16
- 1963 W Broad St Unit 13
- 1963 W Broad St Unit 5
- 1963 W Broad St Unit 9
- 2085 W Broad St Unit 206
- 2085 W Broad St Unit 102
- 33 Whitethorne Ave
- 384 Whitethorne Ave
- 53 N Oakley Ave
- 30-32-32 Schultz Ave Unit 32
- 1621 Sullivant Ave
- 367 S Wayne Ave
- 77 N Guilford Ave
- 2171 Amherst Ave
- 2430 Steele Ave
- 2432 Steele Ave
- 40 S Richardson Ave
- 212 Stevens Ave
- 365 S Eureka Ave Unit 367
- 130 N Guilford Ave
Ask me questions while you tour the home.