OH > Lancaster
Lancaster, OH 43130,226234 Whittier Drive
Lancaster, OH 43130,226234 Whittier Drive
Lancaster, OH 43130,226234 Whittier Drive
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$3,450,000
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1.28 Acres Lot
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226234 Whittier Drive Lancaster, OH 43130

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Mainstream Realty Pros

Mainstream Realty Pros

Mainstream Realty Pros

+1(614) 434-8150

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Key Details

Property Type Multi-Family

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225023675

Year Built 2024

Annual Tax Amount $1,278

Lot Size 1.280 Acres

Lot Dimensions 1.28

Property Sub-Type Townhouse

Source Columbus and Central Ohio Regional MLS

Property 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.

Location

State OH

County Fairfield

Area 1.28

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Exterior

Parking Features Garage Door Opener

Schools

High Schools Lancaster Csd 2305 Fai Co.

School District Lancaster Csd 2305 Fai Co.

Others

Tax ID 05-32149-100

Listed by Jonathan Lorenz Lim Realty Group

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Mainstream Realty Pros

Your Family. Your Investment. Your Home. | BRKP.2015001125

+1(614) 434-8150

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