3 Beds
2 Baths
1,234 SqFt
3 Beds
2 Baths
1,234 SqFt
Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,234 sqft
Price per Sqft $137
MLS Listing ID 225043026
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1946
Annual Tax Amount $2,559
Lot Size 5,227 Sqft
Lot Dimensions 0.12
Property Sub-Type Single Family Residence
Source Columbus and Central Ohio Regional MLS
Property Description
HUGE PRICE DROP! Now offered at $170,000, this prime 'as-is' property is a perfect acquisition for an investor, a handy homeowner, or a savvy buyer looking to build significant sweat equity over time.
This home is ready for its update, supporting a purchase deeply under market value. Based on local comparable sales, the After Repair Value (ARV) is estimated at $255,000 - $265,000. The seller, who has owned and occupied the property since 2008, notes that the existing cosmetic condition—including peeling kitchen paint, drywall damage in the loft bedroom, and cracking plaster near the living room window—is the SAME AS WHEN THEY PURCHASED THE PROPERTY. This long-term stability speaks to the home's suitability for a slow, lived-in renovation plan. The furnace was replaced in 2014, though the roof age is unknown.
Investment potential is significantly enhanced by the separate side entrance to the full basement. This key feature provides an ideal opportunity to finish and create a separate dwelling unit or rental space for added income—A MAJOR MARKET DRAW FOR INVESTORS SEEKING PASSIVE INCOME STREAMS OR LIVE-IN OWNERS WANTING RENTAL OFFSET.
This prime location offers fast access and high walkability appeal. Enjoy quick trips to the vibrant social scenes of the Short North, Italian Village, and German Village. Commuting is a breeze with rapid highway access (I-670/I-71) connecting you quickly to Downtown Columbus, Easton Town Center, and CMH Airport. Residents benefit from proximity to the quality atmosphere of Bexley and abundant recreation near Franklin Park Conservatory. LOCATED IN CLOSE PROXIMITY TO MAJOR CENTRAL OHIO EMPLOYMENT HUBS AND RECENTLY DEVELOPED NEIGHBORHOODS, THE AREA CONTINUES TO DEMONSTRATE INCREMENTAL PRICE APPRECIATION. Bring your vision and capitalize on this outstanding investment opportunity.
Location
State OH
County Franklin
Area 0.12
Rooms
Other Rooms None
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Description 1.0
Total Parking Spaces 1
Garage Yes
Building
Level or Stories One and One Half
Schools
High Schools Columbus Csd 2503 Fra Co.
School District Columbus Csd 2503 Fra Co.
Others
Tax ID 010-036752
Acceptable Financing Conventional
Listing Terms Conventional