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About This Home
This 2-bedroom, 1-bathroom single family at 160 Burkhart Avenue in Russells Point, OH is listed for $165,000 ($97 per sqft). Built in 1930, the home offers 1,703 sqft of living space on a 0.07 acres lot.
RENTAL PROPERTY NEAR INDIAN LAKE! Located just steps from Indian Lake in the heart of Russells Point, Ohio, 160 Burkhart Ave presents a strong investment opportunity with immediate rental income and future upside potential. The main home offers two bedrooms and one full bathroom and is currently tenant occupied at $750 per month.
The lease runs through December 31, 2026, providing stable, predictable income. The primary residence features a durable metal roof and new gutters, helping minimize ongoing maintenance. There is ample on site parking, making it convenient for residents and guests.
Behind the main house sits an accessory dwelling structure that includes two separate one bedroom, one bathroom units. A pipe break occurred this winter, and these units will require renovation. For an investor with vision, this creates a clear value add opportunity to increase rental income and overall property performance once restored.
The location is one of the true highlights. Within walking distance to Indian Lake and nearby coffee shops and local dining, this property sits in a high demand lake area known for boating, fishing, paddleboarding, jet skiing, and waterfront dining. Residents and visitors enjoy Old Field Beach, Fox Island State Park, seasonal festivals, fireworks, and sunset cruises throughout the summer months.
Whether you are looking to expand your rental portfolio, create long term wealth through renovation, or hold property in a strong lake market, 160 Burkhart Ave offers flexibility, income, and location in one of Ohio's most popular recreational destinations. 24 hour notice required for showings. Please do not disturb the tenants.
Key Features
- Built in 1930
- 0.07 acre lot
Property Details
Monthly Cost Estimate
$882/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
160 Burkhart Avenue
Russells Point, OH 43348
Property Details
Flooring
Parking
Heating
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 160 Burkhart Avenue is listed at $165,000 ($97/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.07 acre lot.
This property is listed by Emily E Stephen and can be reached at 6147870701 or emily@columbusproperties4sale.com.
