Cash flow positive investment property in beautifully evolving Westgate Park neighborhood of West Columbus. Long term tenants in both units. Updated unit rents month-to-month for $700 and second units rents month-to-month for $650. This is a real gem with potential for continued positive cash flow with a new owner.
Multi-familyProperty Type
1913Year Built
6,098 sq ftLot Size
$109Est. Price/Sq.Ft.
Listed by Alexander Buchner• Keller Williams Greater Cols
•614-944-5900 (broker)
•Sullivan@KW.com (broker)
Bought with MI CASA Figueroa• Mi Casa Group Realty LLC.
Misty Linn • Core Realty Collection, (614) 202-9631
See all
Provided by Redfin
Sale history for 84-86 Derrer Rd
Date
Event
Price
CBRMLS #219012283
Dec 6, 2019
Sold
$75,000
$32/sq ft
Nov 15, 2019
Pending
—
Nov 1, 2019
Contingent
—
Sep 9, 2019
Relisted
—
Aug 25, 2019
Contingent
—
Aug 19, 2019
Price Changed
$88,000
$37/sq ft
Jun 18, 2019
Relisted
—
Jun 14, 2019
Contingent
—
May 8, 2019
Price Changed
$119,900
$51/sq ft
Apr 18, 2019
Listed
$124,900
$53/sq ft
CBRMLS #2644694
Nov 3, 2006
Sold
$104,000
$44/sq ft
Oct 8, 2006
Listing Removed
—
Sep 5, 2006
Listed
$104,900
$45/sq ft
Investors take note. Two units are in great shape. No work needed. Rents for $610 per month more than covers a mortgage. Both are 3 bedroom with 1 full bath and a full basement. All appliances stay. If you know a deal when you see one, act fast.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Franklin County
APN
010-078716
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Dec 13, 2024.
C4
Regional Scale Commercial District
The purpose of the C-4, Commercial District is to provide a zoning district which promotes a range of uses from office and community-scale retail uses through regional-scale uses where a mix of business, profession and service may be conducted.
Permitted uses
Include but are not limited to:
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Hospital / medical center
Urgent care center
Housing-Senior
Hotel / motel
Office
Public service
Veterinary clinic
Property details
Interior
Multi-Unit Information
Number Of Units Total: 2
Net Operating Income: $16,200
Exterior
Property Information
Property Sub-Type: Duplex
Year Built: 1913
Lot Information
Lot Size Area: 0.14
Lot Size Square Feet: 6098.4
Lot Size Acres: 0.14
Financial
Tax Information
Tax Annual Amount: $2,855
Tax Year: 2017
Location
School Information
High School District: COLUMBUS CSD 2503 FRA CO.
Location Information
Cross Street: Camp Chase
Township: None
Subdivision Name: Westgate Park
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Franklin County
APN: 010-078716
Home facts updated by county records on Dec 13, 2024
Around this home
Schools
Westgate Alternative Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Westmoor Middle School
Public 6-8 • Assigned • 0.9mi
2/10
West High School
Public 9-12 • Assigned • 0.8mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Columbus, OH • 43204
Average low and high temperatures (°F)
32
17
41
25
60
38
69
47
71
52
83
65
87
69
82
62
82
57
70
46
54
38
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 2.8 hours in December, placing it below the
U.S. average for solar exposure.
8.7 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$244,000 – $295,000
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