42 N Westgate Avenue, Columbus, OH 43204
Local realty services provided by:CENTURY 21 Capital GOLD
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 clear path to additional upside on turnover. New roof (2026), new garage doors and openers (2026), newer windows throughout, and central air in every unit. Each unit includes its own 1-car garage plus 2-3 additional off-street parking spots for the building, along with a dedicated basement storage room and private washer/dryer. The double lot offers generous green space for occupants to enjoy....
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Home facts
- Year built:1950
- Listing ID #:226015263
- Added:135 day(s) ago
- Updated:September 17, 2026 at 05:48 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
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