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- Wheeling St
Single family · Available
Wheeling St, Lancaster, OH
1910s frame two story in Lancaster, full rehab project
The deal
| Asking price, fee included | $71,100 |
|---|---|
| After repair value (ARV) | $185,000 |
| Price per square foot | $44 |
| Price as a share of ARV | 38% |
| 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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