Property Description
Check out this 1512 square foot single family home located in the Schumacher Place / German Village neighborhood that has 3 bedrooms and 2 bathrooms. The total market rent is in the $2600/month range once fully stabilized! Sales comparables are in the $605,000 price range.
2022 Annual Tax per the county auditor: $5,595.42
Curb offers only
Property is in very good condition
Owned 13 years
10 year renter now m2m @ 1800/mo
Ceilings re-plastered and painted, 2 car Garage has new roof, door, Old Parlor room, Original woodwork, never painted and well maintained
Property Location
869 Ebner Street, Columbus, OH, USA
My Take
Here is an opportunity to safely invest your money in a turn-key appreciating asset. There are multiple exit strategies to accomplish with this great property. Within walking distance of Nationwide Children’s hospital, this could be utilized as a midterm rental. You could also deploy the short term rental strategy, since this home is just a short drive or bike ride from Downtown Columbus! Furthermore, you can keep as a long term rental that currently has a 10 year tenant! Lastly, you could explore renting by the room! So many possibilities within this desirable neighborhood, you will not be disappointed!
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