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USAOHLancaster226234 Whittier Dr S
234 - 226234 Whittier Dr S, Home with 0 bedrooms, 0 bathrooms and null parking in Lancaster OH | Image 1
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$3,450,000

234 - 226234 Whittier Dr S, Lancaster, OH

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Townhouse
Levels Residential Income
Size -
Garage Yes
Maintenance Fees 
Taxes $1,278
Days Active 3
Approx. Age 2024
MLS® Number 225023675

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 off US-33, Whittier Townhomes benefits from strong regional growth trends and increasing rental demand along this key Columbus to Lancaster corridor.Show Description
MLS® Number225023675
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age2024
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CCentral Air
Heating Fuel

Extras

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