$220,000 · CINCINNATI, OH 45206
Works for flippers · Low return for landlords

Available

$220,000Asking price

3 bd · 2 ba · 3,105 sq ft · built 1885

CINCINNATI, OH 45206

No contract on file

via InvestorLift Classic

1 view · listed Oct 19

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $478,000
Asking price: −$220,000
RepairsMiddle of the seller’s $90,000 – $100,000. Ours: $161,500 – $269,000: −$95,000
Loan, holding, closing20% down, 12% interest, 2 points, 98 days: −$30,131
Profit27.8% of ARV · flippers want 10%+: $132,869
Works

Works for a flipper up to $299,000.

POLAR BEAR ACQUISITIONS LLC AND ASSOCIATED ENTITIES

Joel Albrecht

No reviews yet

Comps

Sales

Rents

ARV $478,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $478,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

POLAR BEAR ACQUISITIONS LLC AND ASSOCIATED ENTITIES

Joel Albrecht

No reviews yet

Seller Description

HUGE VALUE-ADD OPPORTUNITY | CINCINNATI, OH!

3,992 Sq Ft | Full Rehab Needed

Currently divided into two units (2 Bed / 1 Bath and 1 Bed / 1 Bath), this massive 3,992 Sq Ft property offers incredible potential to be converted into a stunning 5 Bed / 3 Bath single-family home!

COMP NEXT DOOR SOLD FOR $478,000!

2916 Hackberry St, Cincinnati, OH 45206

5 Beds | 3 Baths | 3,167 Sq Ft | SOLD FOR $478K

https://www.zillow.com/homedetails/2916-Hackberry-St-Cincinnati-OH-45206/34218114_zpid/

Our property is 825 Sq Ft LARGER than the comp right next door!

Excellent opportunity for an investor looking for a full rehab project with serious upside potential.

Pictures and videos - SUEPR DETAILED - https://qprop.ai/drive/dPZkmENHAWprvLkA_m5feegG9-xbwQziDQG2osg6CuI

Joel - 904-842-2406

wnadispo@gmail.com