42 N Westgate Avenue, Columbus, OH 43204

Columbus
Local realty services provided by:ERA Real Solutions Realty
42 N Westgate Avenue,Columbus, OH 43204
$549,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan lorenz
Office: lim realty group614-456-7365
MLS#:226015263
Source:OH_CBR

Price summary

  • Price:$549,900

About this home

Fully leased turn-key 4-unit brick multifamily generating $4,875/mo in gross rent ($58,500 annually) on an oversized double lot (1/4+ acre), with current real estate taxes of just $3,065 per year and a 15-YEAR 100% TAX ABATEMENT PENDING -- a major value driver for investors and owner-occupants alike. All four units are large 1BD/1BA layouts at approximately 900 sq ft each. Three of the four units have been renovated and finished with white shaker-style cabinetry, granite counters, subway-tile backsplashes, stainless-steel appliances, recessed lighting, fresh paint, and wide-plank LVP flooring, while the original solid-wood trim and doors have been preserved to blend classic character with a clean, modern aesthetic. All four units are leased with staggered expirations through September 2027: three updated units at $1,325/mo, $1,250/mo, and $1,275/mo, plus a legacy unit at $1,025/mo. Tenants pay their own gas, electric, and internet and reimburse water, and the legacy unit offers a...

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Home facts

  • Year built:1950
  • Listing ID #:226015263
  • Added:144 day(s) ago
  • Updated:September 26, 2026 at 02:55 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1950
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$549,900
  • Tax amount:$3,034

Parking

  • Total parking spaces:6
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Real Solutions Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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