🏠 Investment Opportunity: Fix and Flip Single-Family Home in Mount Sterling, OH 💰

Fayette County, Mount Sterling, OH, 43143
Sold
Listed at: August 6th, 2024
Price
$170,000
ARV
$250,000
Gross Margin
$80,000
Sq. Footage
1700
Type
Single-Family
Parking
Garage
Year build
1945
Lot size
0.22 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Description: Investors Presenting a prime fix and flip opportunity in the charming town of Mount Sterling, OH. Included in the Sale is 3 Parcels just shy of an acre! This single-family home is perfectly poised for renovation, offering significant potential for a high return on investment (ROI). With an increasing demand for updated homes in the area, this property is a standout choice for savvy investors.

Investment Highlights:

  • ROI Potential: The Mount Sterling real estate market is robust, with ARVs showing substantial growth. Renovating this property can yield considerable returns.
  • Market Demand: Mount Sterling attracts homebuyers seeking a blend of small-town charm and convenient access to larger cities, making renovated homes highly desirable.
  • Area Developments: The town is experiencing growth and development, further enhancing property values and investment prospects.

Comps:

9968 Harrison Rd NE, Mount Sterling, OH 43143 | Zillow - $190,000.00

10353 Harrison Rd NE, Mount Sterling, OH 43143 | MLS #224018661 | Zillow - $199,900.00 (still listed but is as is)

8269 Harrison Rd NE, Mount Sterling, OH 43143 | Zillow- $250,000.00 

Key Features:

  • Location: Mount Sterling, OH
  • Type: Single-family home
  • Specifications: 3 bedrooms, 2 bathrooms, spacious living area, large backyard.
  • Lot Size: [Specify lot size]
  • Interior Living Space: [Specify interior living space]
  • Exterior Features: Traditional construction with excellent renovation potential.

Distances to Key Locations:

  • Downtown Mount Sterling: Approximately 2 miles, offering local shops, restaurants, and community events.
  • Columbus, OH: About 30 miles, providing access to major city amenities and employment opportunities.
  • Madison Health: Around 15 miles, offering comprehensive healthcare services.
  • Deer Creek State Park: Approximately 10 miles, a great spot for outdoor activities and family outings.
  • Rickenbacker International Airport: About 25 miles, offering convenient travel access.

Nearby Attractions:

  • Madison Lake State Park: Ideal for boating, fishing, and picnicking.
  • Deer Creek Lodge and Conference Center: Offers accommodations, dining, and event facilities.
  • Local Wineries and Farms: Enjoy tours and tastings at nearby wineries and farms.
  • Downtown Columbus: Just a short drive away, offering entertainment, dining, and cultural events.
  • Local Schools: Access to quality education within the Madison Plains Local School District.

Explore the photos to see the current condition and envision the transformation possibilities. This home is a golden opportunity for investors looking to capitalize on Mount Sterling’s thriving real estate market. Don’t miss out on this chance to secure a high-ROI investment property in a desirable location!

About Mount Sterling, OH: Mount Sterling is a quaint town known for its friendly community, scenic landscapes, and proximity to larger cities. With a population of around 1,800, it offers a peaceful lifestyle while providing easy access to urban amenities. The town features parks, local businesses, and community events that foster a welcoming atmosphere. Mount Sterling's real estate market is growing, making it an attractive destination for investors seeking strong returns.

*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.
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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Yaddiel Amoedo

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