About This Home
This 3-bedroom, 0-bathroom residential multi family at 226 Lake Street in Delaware, OH is listed for $275,000. Built in 1901, on a 0.34 acres lot.
Key Features
- Built in 1901
- 0.34 acre lot
Property Details
Fully renovated duplex in the heart of Delaware offering flexibility for investors and owner-occupants alike. The property underwent a comprehensive renovation in 2014 and 2015, including updated electrical wiring throughout, updated water and drain lines, replacement windows, and numerous improvements designed for long-term ownership and low-maintenance operation.
Both units feature private exterior entrances. The lower unit offers access from both the front and side of the home, a vaulted ceiling in the primary bedroom, and soundproofing between the lower bedroom and the upper unit. Washers and dryers convey with the property.
The detached one-car garage can be wired to either unit. Both units are currently occupied on month-to-month leases, creating an opportunity for immediate rental income while maintaining flexibility for future occupancy or rent adjustments. Conveniently located near downtown Delaware, shopping, dining, parks, and major commuter routes. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this duplex presents a unique opportunity in one of Central Ohio's growing markets.
Monthly Cost Estimate
$1,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
226 Lake Street
Delaware, OH 43015
Questions & Answers
This 3-bedroom, 0-bathroom residential multi family at 226 Lake Street is listed at $275,000. The estimated monthly payment is $1,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1901, 0.34 acre lot.
This property is listed by Abigail E Swihart Valentine and can be reached at 6145605443.