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Investment @property Directory

Investors Dream @ 49% ARV

Rehab Property

Listing Expired over 2 years ago

List Price:

$44,500

XXXX Ludington Road
Columbus, Ohio 43227 Get Map


Posted July 08, 2009



Description:

3/1, 912 sf, 6969 sf lot, vinyl siding & windows, built 1955

Extra deep 2 car concrete block garage (Fits 3 cars) 90k ARV 89k 2009 Tax Value 2k Rehab 44.5k Cash Price (49% of ARV) 95k – 101k Recent Comps INSTANT EQUITY!!! 8,100 > Annual projected rent 1,667 > Annual taxes Current excellent tenants of 2 years would like to stay. They are currently paying $675/month, but the average for a 3/1 in the area is $800/month. Call for access. Kurt Conway 614-361-8168 Drive By Viewing ONLY, Without Appt. For additional info on this property (Comps, an Audio Description, Additional Photos, and a Video) visit: http://www.kurtscolumbusrehabdeals.com or RehabList.com/CWAV