Property Details

MLS #
218040180
Beds
7
Basement
Partial/Crawl
SqFt
2,196
Baths
2.5
Foundation
Stone
Price
$415,000
Neighborhood
Ohio State Campus Area
Parcel Number
010-020255
Parking
2 off Street/ On Street
Schools
Columbus
Stories
3
Taxes
4895.74
Year Built
1910

Listing Description

319 E. 18th Avenue is a large single family home with 7 bedrooms and 2.5 bathrooms. The house was updated in 2016 and run as a profitable Airbnb for a year while being renovated before being returned to a student rental. Currently leased through the end of July 2019 at $3,540/mo to 7 students. Updates include new roof, newly added central air conditioning (2016), new flooring, updated bathrooms, 4 off street parking spaces, replaced gutters/soffits, added sump pump and some electrical updates. Airbnb averaged $60,000 annually in revenue, student target rent for 2019-2020 lease to be signed in the fall is $3,800-4,200/month. Solid investment between Summit & 4th and directly east of and within walking distance of campus. Property is well maintained with a routine preventive maintenance schedule, this is a hands off investment property in excellent condition for an investor or parents with children at OSU!

Listing Location

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319 E 18th Ave

MLS # 218040180   $415,000

Listing by

The Jackson Team

Keller Williams

 

100 E Wilson Bridge Rd, Worthington, OH 43085

Listing Agent
Erik Hiss
(614) 282-7912