1759 Lonsdale Road

Columbus,OH 43232

$ 540000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Townhouse

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 225035198

Year Built 1963

Annual Tax Amount $4,770

Lot Size 9,583 Sqft

Property Sub-Type Townhouse

Property Description

1759 Lonsdale Rd isn't just another multifamily — it's a clean, dialed-in cash-flow machine in Columbus that gives investors exactly what they want: full occupancy, modern updates, and reliable rental income from day one.

Each of the four townhome-style units offers 2 bedrooms, 1 bath, and a full dry basement, giving tenants valuable storage and flex space — a major advantage in this submarket. The building sits on a generous lot with dedicated parking and has been refreshed where it counts: new LVP flooring, fresh paint throughout, updated cabinetry, and all-new appliances.

Financial Highlights:
• $1,200/month rent per unit — strong, consistent income
• 100% occupied with several leases expiring soon, offering options: renew at market, reposition, or increase performance strategically
• Low-maintenance asset with recent upgrades minimizing cap-ex surprises

The location is tenant-friendly and investor-smart — close to major commuter routes, employment centers, and everyday essentials, making retention easy and turnover minimal.

This property checks every box: stability, upside, and simplicity. If you're looking for an asset that lets you step in, take over, and immediately collect, 1759 Lonsdale Rd delivers exactly that.

Location

State OH

County Franklin

Area 0.22

Zoning Commercial

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Exterior

Parking Features Common

Schools

High Schools Columbus Csd 2503 Fra Co.

School District Columbus Csd 2503 Fra Co.

Others

Acceptable Financing FHA,Conventional

Listing Terms FHA,Conventional

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