Property Description:
2526 sq ft, 4/2 Duplex in the investors playground of West Columbus Franklington area where everything is being revamped rehad and rehabed. Built 1910, good structure in need of rehaul. Current estimated ARV $297,500. Rents in the area $1300 -$1500. Cap Rate 6.45% at $1300 for rent, with ROI at 7.6%. Working with a real estate agent last 2 months talked the buyer down from $159,900 when originally started negotiations.