🔥 Hot Investment Deal: Fix and Flip Opportunity in New Lexington, OH 🏠

Perry County, New Lexington, OH, 43764
Sold
Listed at: August 15th, 2024
Price
$58,000
ARV
$145,000
Gross Margin
$87,000
Sq. Footage
960
Type
Single-Family
Parking
On street
Year build
1961
Lot size
0.08 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

❗️Attention Investors!❗️ Don’t miss this incredible opportunity in the vibrant town of New Lexington, OH. This single-family home is an ideal fix and flip project with substantial potential for a high return on investment (ROI). 102 East Lincoln Street is for sale as well!! As demand for updated properties grows in this charming area, this property offers a lucrative chance for discerning investors.

Investment Highlights:

  • ROI Potential: The real estate market in New Lexington is showing promising growth, with rising after-repair values (ARVs). Renovating this property could result in significant financial gain.
  • Market Demand: New Lexington draws buyers seeking a blend of small-town charm and modern amenities, making updated homes highly attractive in this area.
  • Area Developments: The town is experiencing steady development, which is likely to boost property values and investment prospects further.

Comps : 🕵🏻
116 E Lincoln St, New Lexington, OH 43764- $174,900.00

142 E Lincoln St, New Lexington, OH 43764 | Zillow - $157,000.00

210 W Broadway St, New Lexington, OH 43764 | Zillow- $165,000.00

Key Features:

  • 📍 Location: New Lexington, OH
  • 🏚️ Type: Single-family home
  • 🛌 Specifications: 3 bedrooms, 1 bathroom, 
  • 🏔️ Lot Size: 3628 sqft

Distances to Key Locations:

  • Downtown New Lexington: Approximately 1 mile, offering access to local shops, restaurants, and community events.
  • Zanesville, OH: About 20 miles, providing city amenities, employment opportunities, and cultural attractions.
  • Salt Creek State Park: Around 10 miles, a favorite spot for hiking, fishing, and nature enjoyment.
  • Perry County District Library: Approximately 2 miles, offering educational resources and community programs.
  • New Lexington High School: About 1 mile, ensuring easy access to quality education.

Nearby Attractions:

  • Perry County Historical Society Museum: Discover local history and artifacts in this well-preserved museum.
  • Perry County Fairgrounds: Enjoy community fairs and events that celebrate local traditions and culture.
  • Rising Park: Located in nearby Zanesville, this park offers scenic views, walking trails, and recreational facilities.
  • The Wilds: About 25 miles away, this expansive safari park features exotic animals and educational experiences.

Explore the photos to see the current condition and imagine the potential upgrades. This home represents a prime opportunity for investors looking to leverage New Lexington’s growing real estate market. Act quickly to secure this high-ROI investment property in a promising location!

About New Lexington, OH: New Lexington is a picturesque small town known for its friendly community, historic charm, and beautiful surroundings. With a population of around 5,000, it offers a peaceful lifestyle with easy access to nearby urban amenities. The town boasts local businesses, parks, and community events, making it a desirable location for both families and investors. The real estate market is on an upward trend, making New Lexington an ideal spot 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.
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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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