$525,000
Fantastic Investment Opportunity in Desirable Berwick! This solid, all-brick 4-unit building offers tremendous potential in a convenient, well-established neighborhood! Each spacious unit features 2 bedrooms, 1 full bathroom, a comfortable living room, dining area, and eat-in kitchen. The building offers a common entrance, shared yard, basement with laundry facilities, and a detached 4-car garage--a valuable amenity for tenants! Currently, 2 units are occupied and 2 are vacant, providing immediate rental income along with excellent opportunities for owner-occupancy, lease-up, or future rental growth. Current rents are $995/month plus utilities for Unit A and $900/month for Unit D, occupied by a long-term tenant, generating $1,895 per month ($22,740 annually) with additional income potential from the vacant units! Notable improvements include A/C replacements in Units B (2024) and C (2023), A/C and furnace replacement in Unit D (2019), a new hot water tank in Unit C (2021), new garage roof and gutters (2025), replaced fascia on the main building (2025), and some plumbing updated to PVC. Ideally located in Berwick, with convenient access to restaurants, shopping, public transportation, major freeways, and the Jewish Community Center. Whether you're expanding your investment portfolio or looking for a property with value-add potential, this well-located brick fourplex is an opportunity you won't want to miss!
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Richard Russo
1134 S Cassingham Road, Columbus
Listing Courtesy of : Richard Russo ---- Rich Russo Realty & Co.