226-234 Whittier Drive S, Lancaster, OH 43130

Lancaster
Local realty services provided by:ERA Martin & Associates
226-234 Whittier Drive S,Lancaster, OH 43130
$3,250,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan lorenz
Office: lim realty group614-456-7365
MLS#:225023675
Source:OH_CBR

Price summary

  • Price:$3,250,000

About this home

Whittier Townhomes - A rare opportunity to acquire a newly constructed, fully stabilized 12-unit multifamily community with a 100% property tax abatement in place through 2041. Current annual property taxes are just $1,278, significantly boosting net operating income, as any increase in taxable improvement value is fully abated. Completed in 2024, the community features a desirable unit mix of six 2-bed/2.5-bath townhomes (1,484 SF each) and six 3-bed/2.5-bath townhomes (1,729 SF each). All units are 100% leased, producing $20,828 in monthly gross income, with average rents of $1,667 for the 2-bed units and $1,805 for the 3-bed units. Each unit offers condo-quality finishes, open floor plans, attached garages, in-unit laundry, and private rear patios. The property is ideally situated along Lancaster's primary commercial corridor, providing residents with convenient access to retail, dining, schools, and daily necessities. Just 30 minutes southeast of downtown Columbus and immediately...

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Home facts

  • Year built:2024
  • Listing ID #:225023675
  • Added:314 day(s) ago
  • Updated:December 31, 2025 at 03:45 PM

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Lot area:1.28 Acres

Finances and disclosures

  • Price:$3,250,000
  • Tax amount:$1,278
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 Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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