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SUBJECT TO DUPLEX! DERRER ROAD, 33k CASH TO CLOSE!

886 Derrer Road Columbus, OH 43204
Price:
$33,000
Address:
886 Derrer Road
City:
Columbus
State:
OH
Zip:
43204
Bedrooms:
5
Bathrooms:
2

I have a RARE OPPORTUNITY for a SUBJECT-TO deal on a duplex in 43204 that is cued up and ready for you!! You only need to bring $35k to closing and then take over the monthly mortgage payment of $505/month (including PITI) on a property with an ARV of $130k! ?????? This duplex has a 3 bedrooms/one bathrooms unit that recently vacated and needs a light rehab to get it rent ready. The other side is a 2 bedrooms/one bathrooms unit with a long-term tenant currently paying $350 a month (month to month). Similar properties are renting for around $700-850 a month PER SIDE so there is a lot of potential here! ??. With EXACT comps selling for over $130,000+ on this street, this is a rare opportunity for cash flow + equity! Here is some info on the property: Address: 88*- 88* Derrer Rd, Columbus OH 43204 1 - 3 Beds Unit (vacant, needs light rehab) 1 - 2 Beds Unit (rented month-month) Sq Ft: 1,667 Asking Price: $35,000 CASH AT CLOSING Current Mortgage (including PITI) $505 a month Remaining Mortgage Balance $52,500

Extra Information for 886 Derrer Road Columbus, OH 43204
  • Seller Type: By Owner
  • Category: Multi-Family Residences for Sale
  • Square Feet: 1667
  • Year: 1954
  • Conditions: Resale
  • Listed Date: Aug 16, 2019

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