1282 Lockbourne Road

Columbus OH 43206

10018.8 sq. ft.

Duplex

Currently for sale - view listing

Overview

2022 NEW CONSTRUCTION RANCH DUPLEX | 15-YEAR TAX ABATEMENT Pay taxes on the LAND ONLY through 2038. Take advantage of this rare, maintenance-free 2022 ground-up new construction ranch duplex. Built from the foundation up with modern energy efficiency and total structural peace of mind, this asset is positioned for maximum cash flow and long-term appreciation. THE FINANCIALS: 15-Year Tax Abatement: 100% building abatement in place until 2038. Current annual taxes are just $1,296. Current Income: Unit A is currently occupied at $1,697/mo. Value-Add Opportunity: Unit B was previously rented for $1,800/mo for 3 years; it is now vacant, turn-key, and move-in ready for a new tenant or owner-occupant. Low Expenses: Insurance is currently $900/year. All utilities, including water, are separately metered. PROPERTY HIGHLIGHTS: Spacious Layouts: Two identical 3BR/2BA units featuring open ranch floor plans. Modern Finishes: Durable luxury LVP flooring throughout and timeless shaker cabinetry. Oversized Lot: Situated on a generous 0.23-acre lot, offering more green space than typical city infills. Location: Perfectly positioned near Roosevelt Park and Deshler Park, and just minutes from the massive employment hub of Nationwide Children's Hospital. One unit is currently rented and the other is available to view, see agent remarks for details. Please do not disturb tenants. Disclosure: The listing agent is related to the owner.