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$ 575,000
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Active Under Contract
1693-1695 Watertower Drive Columbus, OH 43235
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 226023082
Year Built 1992
Annual Tax Amount $7,701
Lot Size 10,018 Sqft
Lot Dimensions 0.23
Property Sub-Type Duplex
Source Columbus and Central Ohio Regional MLS
Property Description
INVESTORS AND OWNER-OCCUPANTS! Rare opportunity to own a spacious duplex in the highly desirable Worthington School District with Columbus taxes. Conveniently located near I-270, SR-315, shopping, dining, and major employment centers. One unit is leased through May 2027, while the vacant unit offers immediate income potential with market rents estimated at approximately $2,300 per month.
Unit 1693 is tenant-occupied through May 2027 at $1,850 per month plus $80 per month water reimbursement. This well-maintained unit features 3 bedrooms, 2 full baths upstairs, including a private primary bath, plus a spacious living room, family room, eat-in kitchen, and convenient first-floor half bath. The partially finished lower level provides additional living space, storage, mechanical area, and washer/dryer hookups. An attached 2-car garage and large backyard complete the package.
Unit 1695 is vacant and ready for a new tenant or owner-occupant. This unit offers 3 bedrooms, 1 full bath upstairs, a first-floor half bath, spacious living areas, a partially finished basement with storage and washer/dryer hookups, an attached 2-car garage, and private outdoor space. With comparable market rents reaching approximately $2,300 per month, the vacant side offers significant income potential and immediate upside for investors, or the opportunity to live in one unit while generating income from the other.
Tenant rights apply. Unit 1693 will be available for viewing only after an accepted contract. Unit 1695 is available for showings. Please do not disturb tenants. Wood-burning fireplaces are not warranted and are not known to be functional. See attached property memorandum for additional details and recent improvements.
Seller may participate in a 1031 Exchange.
Unit 1693 is tenant-occupied through May 2027 at $1,850 per month plus $80 per month water reimbursement. This well-maintained unit features 3 bedrooms, 2 full baths upstairs, including a private primary bath, plus a spacious living room, family room, eat-in kitchen, and convenient first-floor half bath. The partially finished lower level provides additional living space, storage, mechanical area, and washer/dryer hookups. An attached 2-car garage and large backyard complete the package.
Unit 1695 is vacant and ready for a new tenant or owner-occupant. This unit offers 3 bedrooms, 1 full bath upstairs, a first-floor half bath, spacious living areas, a partially finished basement with storage and washer/dryer hookups, an attached 2-car garage, and private outdoor space. With comparable market rents reaching approximately $2,300 per month, the vacant side offers significant income potential and immediate upside for investors, or the opportunity to live in one unit while generating income from the other.
Tenant rights apply. Unit 1693 will be available for viewing only after an accepted contract. Unit 1695 is available for showings. Please do not disturb tenants. Wood-burning fireplaces are not warranted and are not known to be functional. See attached property memorandum for additional details and recent improvements.
Seller may participate in a 1031 Exchange.
Location
State OH
County Franklin
Area 0.23
Rooms
Other Rooms None
Dining Room No
Interior
Cooling Central Air
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Worthington Csd 2516 Fra Co.
School District Worthington Csd 2516 Fra Co.
Others
Tax ID 610-222267
Listed by Robin Jala Panzera Panzera Realty
NEARBY SCHOOL & BUSINESS