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Single family · Sold

Reeb Ave, Columbus, OH

1900s worker cottage in Columbus, full rehab project

3Bedrooms
1Bathrooms
1,235Square feet
1905Year built

The deal

Asking price, fee included$98,600
After repair value (ARV)$235,000
Price per square foot$80
Price as a share of ARV42%
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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