$145,900$132/sqft
Rosehill RdReynoldsburg, OH 43068
3 bd1 ba1,109 sqftRanch
ARV$265k
Price to ARV55%
Spread$78k
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- Hudson Ave
Single family · Sold
Hudson Ave, Newark, OH
1950s ranch in Newark, cosmetic project
3Bedrooms
1.5Bathrooms
1,450Square feet
1955Year built
The deal
| Asking price, fee included | $104,300 |
|---|---|
| After repair value (ARV) | $185,000 |
| Price per square foot | $72 |
| Price as a share of ARV | 56% |
| Projected spread after repairs, before your costs | $60,700 (33% of ARV) |
ARV from renovated sales within a half mile in the last six months. The spread allows for the work the house needs, based on our walkthrough with our contractors. Honest estimates, not a guarantee. Run your own numbers below.
About this property
A weekend investor's first deal. 1950s ranch on a wide street in Newark. Light work only. Finished houses on these streets have been selling around $185,000, and buyers here pay for move-in ready. Cash, hard money, or private money. No conventional financing on this one.
Best fit: Fix and flip, Buy and hold, Turnkey. Lot: 0.17 acres. Built: 1955.
Details
- Move-in timeline of weeks, not months
- Mechanicals updated in the last ten years
- Replacement windows
- Paint, floors, kitchen and bath and it is done
Run your own numbers
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Location
Hudson Ave, Newark, OH 43055. Approximate location. The exact address comes with the walkthrough.
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