205 S Princeton Avenue, Columbus, OH 43223 (MLS # 225037497)

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PRICE $199,000 BEDS 3 BATHS 2 HOME SIZE 1,424 sqft LOT SIZE 3,921 sqft Request More Info Schedule a Showing

HUGE PRICE DROP & TAX ABATEMENT APPROVED! An incredible opportunity in Franklinton just got even better with a major price reduction. Whether you're seeking a smart investment or a future home to make your own, this property offers outstanding value, with room to add equity by addressing a few remaining fixes. The home has been freshly cleaned and can be move‑in ready. The most recent tenants loved the home and the location, and they paid $1,600/month, highlighting the strong rental appeal and desirability of the area. Renovated in 2020, the home features 3 bedrooms, 2 full baths, and a modern layout. The first floor includes large, bright living & dining areas, and first‑floor laundry area. The kitchen is equipped with granite countertops & stainless-steel appliances. Both bathrooms have been updated, and the home carries a clean, neutral color palette throughout. There is also tons of additional storage space available in the large unfinished basement. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), refreshed mechanicals, and exterior paint. Outdoor spaces include a welcoming front porch, a back deck with new railings, and a fully fenced yard that can be used for off-street parking. Major improvements from the 2020 renovation include a new roof, updated windows (with glass block in the basement), and a new furnace & hot water heater. Located in the heart of Franklinton, you're minutes from Downtown Columbus, Land‑Grant Brewing, COSI, and quick access to I‑70. With its approved tax abatement, modern updates, strong rental history, and the opportunity to build additional value, 205 S Princeton stands out as a smart buy in one of Columbus's fastest‑growing neighborhoods.