252-254 S Wayne Avenue, Columbus, OH 43204

Property Description

Located in the Hilltop neighborhood of Columbus, this value-add duplex features two spacious 3-bedroom, 1-bath units, each offering approximately 1,120 square feet. Unit 254 has been updated and is currently making it ideal for an owner-occupant or an investor looking to place a tenant immediately at market rent. The unit features hardwood flooring with updated LVP in the kitchen and bathroom, along with a refreshed kitchen equipped with new stainless steel appliances, including a range, refrigerator, dishwasher, and microwave. Unit 252 is currently leased under market on a month-to-month basis, providing a clear path to increase rents through cosmetic updates. Tenants pay all utilities, and the water is sub-metered, keeping operating expenses low. Each unit includes a full basement for storage, and the property offers a large backyard along with a detached 2-car garage. Based on rent comparables in the area, market rents are approximately $1,400 a month for each unit or $2,800 a month gross