Please do not bother tenants! 166 Belvidere Ave. Columbus This property has a long term solid tenant (10 years) who always pays on time and takes good care of the property. They are not planning to move anytime soon so you will get a property already rented, producing immediate income, and no high turn over of tenants. Very low maintenance tenants! Rent is $600, but that is low for the area (going for about $750 in a home like that). The market value for this property is about $65k. Totally rehabbed homes like this one are selling for $80k in that area. It has a new roof (3 years), new rear deck (2 years), new gas water heater (1 year), new kitchen remodel (1 year), new laminate flooring and other updates. The property needs some work and updates and we have been updating one or two items per year, but it doesn't need anything important or urgent done at this time and tenants are happy living there. The backyard is against Grexham Park, a very nice park as compared to other houses in the Hilltop against an alley. The property is two blocks away to Broad St. and 1 mile to I-70, so it is very close to bus stops and main freeways. That is a great rental area! The reason we are selling is that we need cash flow for a couple of other important projects we have at the moment. Otherwise, it has been a great rental for us! Thank you. We will consider any reasonable cash offer.
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