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$ 409,900
Est. payment /mo
New
1417 Selkirk Road Columbus, OH 43227
7,840 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225028288
Year Built 1959
Annual Tax Amount $5,948
Lot Size 7,840 Sqft
Lot Dimensions 0.18
Property Sub-Type Midrise
Source Columbus and Central Ohio Regional MLS
Property Description
Attention investors! Unlock a cash-flow powerhouse at 1417 Selkirk, Columbus, OH 43227 - a fully leased 4-unit multifamily property listed at $409,900, built for immediate returns and portfolio growth. Four spacious 2-bed, 1-bath units, all tenant-occupied, generate $4,300/month in gross rents ($51,600/year), surpassing the 1% rule for exceptional cash flow in a high-demand market. Recent upgrades include a 2019 roof, new mechanicals, modern kitchen appliances, fresh flooring, and a backyard fence, ensuring low maintenance and minimal CapEx. Nestled in vibrant Berwick, just east of Bexley, this property offers proximity to downtown Columbus and benefits from the Main and Broad Street Corridor Revitalization Plan, enhancing infrastructure and community appeal. With Columbus home values up 30-40% since 2020 (per Zillow), Berwick's strong market signals robust appreciation potential. Stable tenants and turnkey condition make this a must-have asset for investors seeking reliable income and long-term value in a thriving neighborhood. Tenants pay all utilities, and individually metered for water.
Location
State OH
County Franklin
Area 0.18
Rooms
Other Rooms None
Dining Room No
Interior
Heating Forced Air
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Common
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-101435
Listed by Marshall L Foster RE/MAX Revealty
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