🏠 Prime Fix and Flip Opportunity: High-ROI Investment in Canal Winchester, OH💰

Franklin County, Canal Winchester, OH, 43110
Sold
Listed at: September 5th, 2024
Price
$337,000
ARV
$455,000
Gross Margin
$118,000
Sq. Footage
1952
Type
Single-Family
Parking
Driveway
Year build
1970
Lot size
3.00 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

More Photos Coming Soon

 

Description: Attention investors! Introducing a remarkable investment opportunity in the fast-growing area of Canal Winchester, OH.  This single-family home is a prime candidate for a fix and flip, offering substantial potential for a high return on investment (ROI). With the rising demand for modernized homes in this desirable area, this property provides a valuable chance for astute investors to capitalize on the market.

Investment Highlights:

  • ROI Potential: The Canal Winchester real estate market is thriving, with after-repair values (ARVs) showing consistent growth. A well-executed renovation of this property can lead to significant profits.
  • Market Demand:Canal Winchester attracts homebuyers looking for a blend of suburban tranquility and easy access to Columbus, making updated homes highly sought after.
  • Area Developments: The area is experiencing ongoing growth and development, further enhancing property values and investment prospects.

Key Features:

  • Location: Canal Winchester, OH
  • Type: Single-family home
  • Specifications: 4 bedrooms, 2 bathrooms, spacious living areas, large lot with ample yard space.
  • Lot Size: 1,952 sqft
  • Interior Living Space: The living room is generous in size, providing ample space for relaxation and entertainment. Large windows allow natural light to fill the room, creating a warm and inviting atmosphere. With some updates, this space can become a cozy and stylish focal point of the home.
  • Exterior Features: The property features a classic architectural style that blends well with the surrounding neighborhood. The structure is solid, providing a great base for exterior improvements, such as updated siding, fresh paint, or new trim.

Distances to Key Locations:

  • Downtown Canal Winchester: Approximately 5 miles, offering a variety of local shops, restaurants, and community events.  
  • Columbus, OH: About 15 miles, providing access to major city amenities, employment opportunities, and cultural attractions.
  • Pickerington Ponds Metro Park: Around 7 miles, a popular destination for birdwatching, hiking, and outdoor recreation.
  • Mount Carmel East Hospital: Approximately 10 miles, offering comprehensive healthcare services.
  • Eastland Mall: About 8 miles, featuring a wide range of retail stores, dining options, and entertainment venues.
  • Rickenbacker International Airport: Roughly 10 miles, providing convenient access for travel.

 

Nearby Attractions:

  • Slate Run Living Historical Farm: Experience farm life as it was in the 1880s with educational programs and events.
  • Canal Winchester Historical Society Complex: Explore the rich history of the area with museums and preserved historic buildings.
  • Chestnut Ridge Metro Park: Enjoy hiking, picnicking, and scenic views of Central Ohio’s landscapes.
  • Easton Town Center: A short drive away, offering premier shopping, dining, and entertainment.
  • Local Schools: Access to quality education within the Canal Winchester Local School District.

Explore the photos to assess the current condition and envision the transformation possibilities. This home is a golden opportunity for investors looking to capitalize on Canal Winchester’s booming real estate market. Don’t miss out on securing a high-ROI investment property in a prime location!

About Canal Winchester, OH:Canal Winchester is a vibrant suburb of Columbus known for its rich history, charming downtown area, and close-knit community. With a population of around 8,000, it offers a suburban lifestyle with the convenience of proximity to a major city. The area boasts excellent schools, parks, and a variety of community events, making it an attractive destination for families and investors alike. The real estate market in Canal Winchester is on the rise, making it an ideal location for investment.

*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

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Disposition manager