$9,500 · PORTSMOUTH, OH 45662
Works for flippers

Available

$9,500Asking price

3 bd · 2 ba · 1,344 sq ft · built 1900

PORTSMOUTH, OH 45662

Contract on file

Price Drop

via InvestorLift Classic

4 views · listed Oct 27

Works for flippers

The Numbers

Sells for (ARV)From the listing: $150,000
Asking price: −$9,500
RepairsMiddle of the seller’s $60,000 – $70,000. Ours: $63,500 – $105,500: −$65,000
Loan, holding, closing20% down, 12% interest, 2 points, 86 days: −$5,152
Profit46.9% of ARV · flippers want 10%+: $70,348
Works

Works for a flipper up to $61,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Comps

ARV $150,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $127,000.

The sales behind this value are shown to members.

ARV $150,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Seller Description

Vacant 1900 wood frame home on a brick foundation in East Portsmouth, OH. 3 bedrooms, 2 bathrooms, 1,344 sqft on a 3,598 sqft lot. No HOA, no garage.

Condition: full gut job. Needs a new roof, all new windows, new plumbing, new electrical, and a new kitchen. One bathroom needs a full replacement. Floors may need to be redone. Full wet basement with a brick foundation. Structural wood condition is unverified. HVAC: unknown.

Numbers: starting price $9,500. ARV $150,000. Estimated repairs $70,000.

Exit options: fix and flip or rental conversion. The layout may allow an upstairs and downstairs apartment split with separate entrances. Buyer to verify zoning and permits.

Terms: assignment of contract, $2,500 down payment, Superior Title and Escrow, closing November 18, 2026.

Submit your offer on InvestorLift by November 11, 2026. Questions? Text or call Nick at (818) 740-3684.