Description
Rare opportunity: OSU student housing fixer-upper near High St. & South Campus Gateway. 8-unit brick building with six studio apts; one 4-bed apt; one 5-bed apt (total 15 beds, 9 full baths, 8 kitchens). Units livable but most empty for renovation. Units need paint, carpet, flooring, misc repairs, some kitchen/bath work, a few appliances/cabinets. Building needs 80-gal water tank; main elec panel; some windows replaced. Roof and both furnaces older but serviceable; solid foundation; hardwd floors good but need refinished. Rehab range: $75k-$150k. Two occupied studios rent $900/mo/ea incl utils. Rooms rent $700/mo/ea plus utils. Gross income over $10,000/mo. One water/gas/electric meter for bldg; selling as-is (no seller repairs); cash offers only; proof of funds required prior to showing.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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3,948SQFT
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$0$/SQFT
Description
Rare opportunity: OSU student housing fixer-upper near High St. & South Campus Gateway. 8-unit brick building with six studio apts; one 4-bed apt; one 5-bed apt (total 15 beds, 9 full baths, 8 kitchens). Units livable but most empty for renovation. Units need paint, carpet, flooring, misc repairs, some kitchen/bath work, a few appliances/cabinets. Building needs 80-gal water tank; main elec panel; some windows replaced. Roof and both furnaces older but serviceable; solid foundation; hardwd floors good but need refinished. Rehab range: $75k-$150k. Two occupied studios rent $900/mo/ea incl utils. Rooms rent $700/mo/ea plus utils. Gross income over $10,000/mo. One water/gas/electric meter for bldg; selling as-is (no seller repairs); cash offers only; proof of funds required prior to showing.
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