2640-2642 W Broad Street, Columbus, OH 43204

Property Description

Three Units. Two Rents Already Coming In. One Vacant Unit Ready for Its Next Tenant. Add a substantially updated triplex to your portfolio with income already in place and immediate upside. This West Broad Street property offers two spacious 1,700-square-foot units, each with three bedrooms, two full bathrooms, basement storage and private washer/dryer hookups. A separate walk-in, below-grade apartment adds approximately 800 square feet with one bedroom, one bathroom and its own laundry hookups. Two units are currently leased and generating a combined $2,200 per month, while the vacant three-bedroom unit gives the next owner the flexibility to select a new tenant, establish market rent or occupy the unit while the other apartments help offset the mortgage. The property has benefited from extensive improvements, including a new roof in 2022, new main water line, exterior foundation sealing, rebuilt front steps, a newer rear deck, updated flooring, fresh paint, modern light fixtures and new thermostats. Additional unit improvements include remodeled kitchens, newer appliances, security doors, garbage disposals, fencing, an upstairs AC unit, a newer furnace and sump pump. With more than 4,200 square feet of total unit space and three separate income opportunities, this is a practical addition for an investor seeking scale without taking on a major renovation project. Schedule your showing and explore the income potential at 2640-2642 W. Broad Street.