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Ranch · Sold

Sheridan Dr, Lancaster, OH

1960s brick ranch in Lancaster, cosmetic project

3Bedrooms
1Bathrooms
1,478Square feet
1964Year built

The deal

Asking price, fee included$147,700
After repair value (ARV)$230,000
Price per square foot$100
Price as a share of ARV64%
Projected spread after repairs, before your costs$62,300 (27% 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

The easiest kind of flip there is. 1960s brick ranch on a wide street in Lancaster. Light work only. Finished houses on these streets have been selling around $230,000, and buyers here pay for move-in ready. Numbers on this page are ours, check them against your own comps.

Best fit: Fix and flip, Buy and hold, Turnkey. Lot: 0.08 acres. Built: 1964.

Details

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

Run your own numbers

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Location

Sheridan Dr, Lancaster, OH 43130. Approximate location. The exact address comes with the walkthrough.

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$147,700
$62k spread
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