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Single family · Available

Wheeling St, Lancaster, OH

1910s frame two story in Lancaster, full rehab project

3Bedrooms
1Bathrooms
1,620Square feet
1914Year built

The deal

Asking price, fee included$71,100
After repair value (ARV)$185,000
Price per square foot$44
Price as a share of ARV38%
Projected spread after repairs, before your costs$61,900 (33% 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 bones are straight and the rest is a rebuild. 1910s frame two story on a tree-lined street in Lancaster. 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 $185,000. Walk it before you offer, most of our houses are on a lockbox.

Best fit: Fix and flip, Buy and hold. Lot: 0.15 acres. Built: 1914.

Details

  • Full basement
  • Solid framing, everything else is a redo
  • Priced for a full renovation
  • Alley access

Run your own numbers

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Location

Wheeling St, Lancaster, OH 43130. Approximate location. The exact address comes with the walkthrough.

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