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Single family · Sold

Lancaster Ave, Reynoldsburg, OH

1970s split level in Reynoldsburg, cosmetic project

3Bedrooms
1Bathrooms
1,479Square feet
1973Year built

The deal

Asking price, fee included$154,100
After repair value (ARV)$265,000
Price per square foot$104
Price as a share of ARV58%
Projected spread after repairs, before your costs$77,900 (29% 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

Paint, floors, a kitchen and a bath. 1970s split level on an older street in Reynoldsburg. Light work only. Finished houses on these streets have been selling around $265,000, and buyers here pay for move-in ready. Assignable contract, close in three weeks or less.

Best fit: Fix and flip, Turnkey. Lot: 0.08 acres. Built: 1973.

Details

  • Attached garage
  • Paint, floors, kitchen and bath and it is done
  • Mechanicals updated in the last ten years
  • Replacement windows

Run your own numbers

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Location

Lancaster Ave, Reynoldsburg, OH 43068. Approximate location. The exact address comes with the walkthrough.

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Exterior of Havens Corners Rd, Gahanna, OH 43230, an off-market investment property from Closing Columbus Available View deal
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Exterior of Wheeling St, Lancaster, OH 43130, an off-market investment property from Closing Columbus Available View deal
$71,100$44/sqft
Wheeling StLancaster, OH 43130
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ARV$185k
Price to ARV38%
Spread$62k
$154,100
$78k spread
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