Property Description

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.

Property Features

Local Schools