🔥 Turnkey $40K Discounted Property – Ready to Rent or Sell! 🔥
Summary:
This newly rehabbed, turnkey property is ready to generate income with $0 additional work needed! Boasting new HVAC, water heaters, and windows, this 3-bedroom, 1-bathroom, 720 sqft home offers a hassle-free investment opportunity in a high-growth area. With year-over-year appreciation at 18% and an average market time of only 50 days, properties in this area are moving fast. Secure this $40K discounted deal at $140,000 with an ARV of $185,000 - $200,000 and capitalize on Lancaster's hot market.
Financial Overview:
- Purchase Price: $140,000
- ARV (After Repair Value): $185,000 - $200,000
- Discount: $40,000 off potential market value
Property Details:
- Beds: 3
- Baths: 1
- Size: 720 sqft
- Condition: Turnkey, needs $0 work
- Upgrades: New HVAC, water heaters, and windows
Comparable Sales (Comps):
215 Wyandotte St, Lancaster, OH
- 3 bed, 2 bath, 1,404 sqft
- Sold Price: $250,000
- Sold Date: 10/01/2024
732 E Chestnut St, Lancaster, OH
- 3 bed, 2 bath, 1,256 sqft
- Sold Price: $212,000
- Sold Date: 09/24/2024
757 Cherokee Dr, Lancaster, OH (Needed $30K+ in rehab)
- 3 bed, 1 bath, 1,296 sqft
- Sold Price: $170,000
- Sold Date: 07/01/2024
336 Wyandotte St, Lancaster, OH
- 3 bed, 1 bath, 1,008 sqft
- Sold Price: $199,888
- Sold Date: 06/28/2024
Market Insights:
- 18% Year-Over-Year Appreciation: Strong growth in Lancaster, making this a solid appreciation play.
- Average Days on Market: 50 days – Deals in this area trade quickly!
Why This Deal?
- Turnkey Investment: Newly rehabbed and ready for immediate occupancy or resale.
- Attractive Discount: Secure this property at a $40K discount from its ARV, positioning it for solid profit potential.
- High Demand Market: Lancaster properties are selling fast with high appreciation, offering a unique opportunity for strong ROI.
Call or Text Daniel Today at 224-507-9777!
Don’t miss this $40K Discounted Turnkey Deal – Act Fast!
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