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Single family · Sold
Reeb Ave, Columbus, OH
1900s worker cottage in Columbus, full rehab project
The deal
| Asking price, fee included | $98,600 |
|---|---|
| After repair value (ARV) | $235,000 |
| Price per square foot | $80 |
| Price as a share of ARV | 42% |
| Projected spread after repairs, before your costs | $61,400 (26% 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. 1900s worker cottage on an established street in Columbus. 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 $235,000. Assignable contract, close in three weeks or less.
Best fit: Fix and flip, Buy and hold. Lot: 0.1 acres. Built: 1905.
Details
- Vacant and easy to show
- Full basement
- Alley access
- Solid framing, everything else is a redo
Run your own numbers
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Location
Reeb Ave, Columbus, OH 43207. Approximate location. The exact address comes with the walkthrough.
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