Listed By
Agency Name: Red 1 Realty
Agency Phone: 614-585-9020
Agent Name: Zeke Liston
Shown By
Agent Name: Deb Saczawa
Agent Phone: (614) 296-5970
Agency Title: Cutler Real Estate
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Property Description
Rare brick investment opportunity featuring four townhouse-style units, each offering 2 bedrooms and 1 bathroom, ideally located just minutes from Nationwide Children's Hospital, Franklin Park Conservatory and Botanical Gardens, and downtown Columbus. Many updates done throughout the property including a new roof in 2020. Currently generating $4,115 per month in rental income, Unit 605 is leased at $1,065 per month through March 31, 2027; Unit 607 is rented at $1,025 per month through February 28, 2026; Unit 609 is leased at $1,140 per month on a month-to-month basis; and Unit 611 is rented to a long term tenant at $885 per month through May 31, 2026. Tenants are responsible for all utilities, including water, which is individually sub-metered--helping to minimize owner expenses and maximize net operating income. This is a strong opportunity for investors seeking a well-maintained, stabilized asset with in-place cash flow and additional upside through rent optimization.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 1
Lot Size: 0.18 Acres
Taxes: $7,254
Year Built: 1920
Feature Descriptions
Parcel #: 010-055732
Local Schools
School District: COLUMBUS CITY
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Estimated Payment
$ 3,157.41 per month $2,414.37 Principal & Interest $604.50 Property Tax $138.54 Homeowner's InsuranceChange Payment Information
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605-611 Lilley Avenue | MLS# 226009896
This multi-family property located at 605-611 Lilley Avenue, Columbus, OH 43205 is currently listed for sale with an asking price of $475,000. 605-611 Lilley Avenue is located within the COLUMBUS CITY school district. Search Columbus real estate on www.debsaczawa.com today.