15K price drop! Plus Sellers already did all the demo and replaced roof and more! REHABBER / INVESTOR / RENOVATOR DREAM OPPORTUNITY! 6bedrooms + huge walk up attic! So much potential!! Don't miss out on this wonderful investment opportunity on this large home. Desirable and popular location! Within walking distance to central OSU campus! Close to I-71, Kroger, Union, Restaurants etc. East Residential bus within 1 block. Restore this large, special house with spacious entry/ foyer/1st floor hallway making an stately 1st impression once renovated, rare to see in most homes where you step right into the living room. Owners gutted the house down to the studs on all three floors ( before had only old plaster with floors in poor condition. kitchen and baths were already gutted and there was no utilities already, ready for new mechanicals and insulated walls, sparing you the expensive and time dirty demo to get the job done right from scratch! Also entire NEW ROOF, soffit repair, plus removed the rotted and damaged wood siding on second and third floor, now ready for new siding above 1st floor brick exterior.2 car garage in the back yard. . Great lot location too w/ alley in back, allowing off street parking access! Buyer must show proof of funds with offer. AS-IS sale! Great investment potential for investor with vision & experience, especially in University district / Student Rental. When nicely renovated, potential monthly rent is estimated to be +/- $3600 depending on condition, quality, and amenities offered to students. Current owner had a group of medical students interested for this fall but had to cancel their leases as the construction plans fell behind in schedule. This is YOUR opportunity!!! Call Young at 614.282.0747 with any questions / further info. fyi: The current owners were going to put in 3 full bathrooms in their renovation plans with a minimum rented to 6 medical graduate students were in place already. There are no bathrooms, no kitchens, no mechanicals - please know that this home is totally gutted as it was in very poor condition and w/ less efficient floorplan before and in need of new everything, even in need of new flooring, so current owners removed old flooring as it was not salvageable. This home is ideal for an investor who likes to start / build from scratch on a blank canvas with vision and knows the upside potential in the University District and knows the market within the different locations of the OSU off campus area and how to appeal to the right target tenant pool to maximize steady passive income in the long run.
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