Fix and Flip Opportunity: Single-Family Home in Columbus, OH

Franklin County, Columbus, OH, 43204
Sold
Listed at: July 25th, 2024
Price
$141,000
ARV
$250,000
Gross Margin
$109,000
Sq. Footage
1038
Type
Single-Family
Parking
Detached Garage
Year build
1954
Lot size
6534.00 sqft
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

MORE PICS COMING SOON

Description:

 Attention investors and flippers! This single-family home in Columbus, OH offers an excellent fix and flip opportunity. Located in a vibrant and rapidly growing community, Columbus is known for its rich history, diverse economy, and thriving cultural scene. This property is situated in a neighborhood experiencing positive developments and offers great potential for a high return on investment (ROI).

Investment Highlights:

  • ROI Potential: Columbus's real estate market is strong, with homes in the area selling between $150,000 and $300,000 after renovations. The property’s strategic location and the area's rising property values suggest a significant return on investment.
  • Market Demand: Columbus has a population of approximately 905,748, making it the 14th most populous city in the U.S. The demand for updated, move-in-ready homes is strong, driven by the city’s amenities and economic opportunities.
  • Area Developments: The city has seen substantial infrastructure improvements and boasts a diverse economy. Columbus is home to major employers like Nationwide, Cardinal Health, and The Ohio State University, which supports a stable economic environment and enhances property values.

Key Features:

  • Location: Columbus, OH
  • Type: Single-family home
  • Flip Potential: High, with recent sales in the area supporting strong resale values
  • Area Highlights: Convenient access to amenities, ongoing infrastructure improvements, and a vibrant community atmosphere
  • Investment Opportunity: Ideal for investors and flippers looking to add significant value through renovation

Distances to Key Locations in Columbus, OH:

  • Downtown Columbus: Approximately 5 miles, featuring a variety of shops, restaurants, and entertainment venues.
  • Shopping Centers: Easton Town Center is around 10 miles away, offering high-end retailers and dining options.
  • Hospitals: OhioHealth Riverside Methodist Hospital is about 6 miles away, providing comprehensive medical services.
  • Schools: The Ohio State University is within 7 miles, ensuring access to quality higher education and research facilities.

Explore the photos to see the current condition and imagine the future possibilities. Take advantage of this prime fix and flip opportunity in Columbus’s growing market!

About Columbus, OH:

Columbus is the capital and largest city of Ohio, known for its diverse economy, educational institutions, and vibrant cultural scene. The city offers a variety of attractions, including parks, historic neighborhoods, and a thriving food and drink scene. Columbus is also home to several Fortune 500 companies and major research institutions, making it an ideal place for real estate investments​

*All properties presented here are under an assignment agreement with the seller. All information provided on this property or through assignor is strictly confidential, unauthorized sharing with outside parties will result in litigation. Inquiries must be made through the number provided. Assignor reserves the right to assign or hold properties at their own discretion.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Yaddiel Amoedo

No reviews

Disposition manager