1003 Pennsylvania Ave

Columbus, OH 43201
List Price
$699,000
1003 Pennsylvania Ave
1003 Pennsylvania Ave - Image 2
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Why I Like This Property

“This property stands out because of its excellent location, strong rental history, and potential for above-market returns.”

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Ryan McFadyen
Ryan McFadyen
Savvy STR Agent

About This Property

Exceptional investment opportunity just minutes from Ohio State University, the Short North, and Downtown Columbus. This renovated 8 bedroom, 3 bathroom property offers an impressive 2,912 square feet of living space and an estimated long term rental cash flow potential of up to $6,400 per month. Designed for maximum rental appeal, the home features two complete kitchens, a full bathroom on every level, and two separate laundry areas, providing convenience and flexibility for tenants. Major updates have already been completed, including new windows, new flooring throughout, new lighting, some new walls, reinforced front porch, three remodeled bathrooms, and two updated kitchens with new appliances. The property's infrastructure has been extensively improved with approximately 90% updated electrical and plumbing systems, helping reduce future maintenance concerns. One of the standout features is the abundance of off-street parking, with space for up to nine vehicles, a rare find in this highly desirable campus area location. Whether you're looking to expand your portfolio, capitalize on the strong student rental market, or secure a turnkey income producing property in one of Columbus's most sought after rental neighborhoods, this Harrison West investment checks all the boxes. With strong rental demand, extensive renovations, and outstanding income potential, this is an opportunity you won't want to miss.

Family-friendly
Remote-work
Urban

Property Details

8
Bedrooms
3
Bathrooms
2,912
Square Feet
1910
Year Built
0.10 ac
Lot Size
Single Family
Property Type

Projected Opportunity

Revenue Range
Projected ROI
Avg Daily Rate
Avg Occupancy

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Savvy Recommended Upgrades

Install Hot Tub

Est. $15,000$20,000

install fire pit

Est. $3,000$6,000

full professional STR design / furnish

Est. $65,000$50,000

Your Agent

Ryan McFadyen

Ryan McFadyen

STR Investment Specialist

Columbus, OH

5
Deals Closed
7
Years Experience

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Listing agent: Keri R Price. Listing courtesy of KW Classic Properties Realty. Information deemed reliable but not guaranteed.

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