Property Description:

5-Unit Columbus Rental Portfolio / Package Deal

Investment Summary:

Full Portfolio Asking Price: $705,000
Current Monthly Gross Rent: $4,687 / month ($56,244 / year)
Pro-Forma Monthly Rent: $6,300 / month ($75,600 / year at market)

Purchase Options:

4-Unit Blanket Package ($620,000): Must be purchased together due to existing blanket mortgage.

2155 Schenley Dr (Vacant 4BR/1BA Cape Cod, value-add, newer furnace '20, updated 200A panel) – $170,000 list
1753 Devonshire Rd (Occupied 4BR/1BA, $1,400/mo rent, lease thru 01/2027) – $180,000 list
1843 Alvason Ave (Occupied 3BR/1BA, $1,250/mo Section 8, M2M) – $165,000 list
2122 Myrtle Ave (Occupied 2BR/1BA, $1,037/mo CSB subsidy, M2M) – $105,000 list
Full 5-Unit Portfolio ($705,000): Includes all 4 properties above plus:

2425 Vendome Dr S (Occupied 2BR/1BA, $1,000/mo, M2M) – $85,000 list (also available individually)

Transaction Terms:

Condition: All properties sold strictly AS-IS (seller making no repairs).
Showings: 2155 Schenley Dr is vacant and available for walkthroughs. Occupied properties are curb offers only; interior access contingent upon an accepted contract. Please do not disturb tenants.
Preferred Title: Seller prefers closing with Golden Title Agency.
Note: Select listing photos for 2155 Schenley Dr have been digitally altered / AI-edited for virtual staging and clutter removal.