$145,900$132/sqft
Rosehill RdReynoldsburg, OH 43068
3 bd1 ba1,109 sqftRanch
ARV$265k
Price to ARV55%
Spread$78k
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- Mt Vernon Rd
Duplex · Under contract
Mt Vernon Rd, Newark, OH
1910s two story double in Newark, full rehab project
4Bedrooms
1.5Bathrooms
2,266Square feet
1914Year built
The deal
| Asking price, fee included | $82,600 |
|---|---|
| After repair value (ARV) | $190,000 |
| Price per square foot | $36 |
| Price as a share of ARV | 43% |
| Projected spread after repairs, before your costs | $55,400 (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
A blank slate on a good street. 1910s two story double on a tree-lined street in Newark. Budget for a new kitchen, bath, mechanicals, and finishes throughout, and plan the roof while you are at it. Renovated comps nearby have been closing around $190,000. Ask for the walkthrough time and bring your contractor.
Best fit: Buy and hold, Fix and flip. Lot: 0.12 acres. Built: 1914.
Details
- Solid framing, everything else is a redo
- Alley access
- Full basement
- Vacant and easy to show
Run your own numbers
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Location
Mt Vernon Rd, Newark, OH 43055. Approximate location. The exact address comes with the walkthrough.
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