15 S Shafer ST #1306 Athens, OH 45701
4 Beds
2 Baths
1,040 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Pending
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $110
Subdivision University Commons Condos Ph I
MLS Listing ID 5182817
Style Conventional,Multiplex
Bedrooms 4
Full Baths 2
HOA Fees $1,565/qua
HOA Y/N Yes
Abv Grd Liv Area 1,040
Year Built 1994
Annual Tax Amount $3,578
Tax Year 2024
Lot Size 544 Sqft
Acres 0.0125
Property Sub-Type Condominium
Property Description
This turn-key investment property is ideal for any OU student or family as well as for any astute investor looking for an easy income stream and high return on their investment. Located in the University Commons Property Owners Assoc, the development offers several amenities for its residents. Just a few include: a shuttle that runs to/from OU operated by the POA. A resident-only on-site workout facility. The unit also comes with 4 annual parking passes, access to the community pool, professional on-site property management, professionally landscaped courtyards to enjoy, security, and quarterly dues even cover things like snow removal, trash services, and water.
The unit itself is set up as a quad apartment. Four generously sized bedrooms are in the corners with matching full baths between them. The living room and kitchen are open concept. Not only do they come with all your normal appliances, but also a stacked washer and dryer that's in the kitchen. Adjacent to the main unit is also a large private secured storage area that provides the owner or residents plenty of room for storage of extra furniture, bikes, etc.
Market rent is typically charged on a per bedroom basis. Each bedroom could fetch approximately $625 - $650 per month. Currently occupied through May, the seller has purposely held off on leasing for the Fall '26 - Spring '27 school year should a buyer wish to place their own tenants at this time.
Why pay rent when you can collect income instead? Come see this solid residence for yourself. You will not be disappointed.
Location
State OH
County Athens
Community Common Grounds/Area, Clubhouse, Curbs, Pool, Street Lights, Public Transportation
Direction North
Rooms
Main Level Bedrooms 4
Interior
Interior Features High Speed Internet, Kitchen Island, Laminate Counters, Open Floorplan
Heating Electric, Heat Pump
Cooling Central Air
Fireplace No
Appliance Dryer, Dishwasher, Range, Refrigerator, Washer
Laundry In Kitchen
Exterior
Exterior Feature Balcony, Courtyard, Lighting
Parking Features Additional Parking, Asphalt, Common
Pool Association, Community
Community Features Common Grounds/Area, Clubhouse, Curbs, Pool, Street Lights, Public Transportation
Water Access Desc Public
Roof Type Asphalt
Porch Covered, Balcony
Private Pool Yes
Building
Lot Description Close to Clubhouse, Landscaped, Near Public Transit
Faces North
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Conventional, Multiplex
Level or Stories One
Schools
School District Athens Csd - 502
Others
HOA Name University Commons POA
HOA Fee Include Association Management,Common Area Maintenance,Insurance,Maintenance Grounds,Maintenance Structure,Parking,Pool(s),Recreation Facilities,Reserve Fund,Roof,Snow Removal,Security,Trash,Water
Tax ID A02-72801013-06
Security Features Smoke Detector(s)
Pets Allowed Cats OK, Dogs OK
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