Average square foot calculated using Size range provided by listing agent.
Description
Strategically located on Iuka Avenue—one of the most sought-after residential corridors adjacent to The Ohio State University, this property benefits from strong, consistent demand from both student housing and short-term rental markets. Current in-place rents are well below market, creating a compelling value-add opportunity through targeted unit renovations and lease repositioning. The asset has been well-maintained, with value creation focused primarily on cosmetic and operational enhancements. With one down unit in need of a full update. Select units are already configured for Airbnb, providing immediate short-term rental income potential and flexibility in leasing strategy. In addition, on-site garage structures offer the opportunity for supplemental rental or storage income, further enhancing overall cash flow. This is a rare chance to acquire a well-located property with multiple avenues for upside, strong fundamentals, and proven demand drivers.Show Description
MLS® Number225031758
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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