Thanks for adding me as a contact. would you be interested in wholesale properties in Ohio? Here's a couple of deals.
30 Unit apartment building located in Mansfield, OH
25 of the 30 units are rented (83% Occupancy Rate)
$91,000 NOI.
Mix of 3 bed/2 bed/1 bed/Efficiencies.
Showing an ARV of $950,000.
725 N. Belmonte Park, Dayton, OH 45405
It is set up as a duplex with cashflow or can easily be converted back to 4 bedroom single family home.
Needs around $16,000 in work and will rent for $600 per unit if left as a duplex.
ARV has been approved by appraiser to be between $76,000 to $90,000, depending upon use of property. Asking $37,000
Some interior work is needed, mostly updated electric and drywall in two rooms, and the rest needs a minor paint job. The roof also needs to be replaced.
Located in the Historic area of Five Oaks, this property is located almost across the street from Grandview Hospital. Medical offices are across the street as well instead of houses. In addition to that, this property is located next to last on the block.
Turnkey Triplex Investment Property - Rented - Must Sell
1059 Schiff Ave
Cincinnati, OH 45205
Asking: $85,000
Worth: $125,000
Rents:$1400-1600 gross
In the area 1 beds rent for $550-600 and 2beds are renting for $750-800 a month!
Minimal work is needed (general cleanup ) already rented bringing in over $1,200 a month.
But comps go for $1400 to $1600 a month.
We are motivated to sell, MAKE OFFER!
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Duplex, each unit 2 bedroom 1 bath
1222 Manss Ave
Cincinnati, OH 45205
Asking: $75,000
Old Appraisal came in at $115,000
Rents: $450 Per Unit
2 Garage will rent for an additional $100 per month.
Work Needed: $10k
This duplex has all new windows and a few year old furnace.
Plumbing Repairs needed and a few basement windows need replaced.
A good trash out, new carpet, and some fresh paint will make this duplex
a rent ready cash cow in no time. MAKE OFFER!
All properties have appraisals, construction breakdowns, title in the works, and contractors standing by start the fixup process (which we can manage). And not to mention being able to tie in to our property management companies if you're exit strategy requires you to hold long term.
All interested buyers contact me at feltgreg@gmail.com. My name is Greg Felt and I am much easier to contact thru my gmail account than by phone. But here is my cell phone 714-290-3190
1585 E Weber Rd.
Columbus, OH 43211
3Bed/1.5 Bath
- 1152 Sq. Ft.
- Full Basement (unfinished)
- Detached Garage
Asking: $44,750
This single family will fit perfect no matter what your exit strategy.
It was recently appraised 'as is' for $72k, but with ripping
up the carpet, finishing the hardwood floors located throughout
the house, tearing down some paneling, and a little landscaping,
can make this house worth into the mid 80's. Not bad for only
a few thousand dollars of sweat equity.
Also, this home has custom built oak kitchen cabinets in the kitchen.
Comparable Sales
1. 1495 Manchester Ave Columbus OH 43211 03/06/2007 $71,900
2. 1638 Milford Ave Columbus OH 43224 02/28/2007 $80,000
3. 1522 Minnesota Ave Columbus OH 43211 12/19/2006 $85,000
4. 1566 Genessee Ave Columbus OH 43211 09/06/2006 $68,000
We only have this property, and once it's gone it's gone. We are motivated
to sell within the next 24 hours.. Make offers.
We have a portfolio of 10 SFR’s in Columbus that have 10- 15% Equity that can be verified by appraisals. They are fully rehabbed with lease optioned tenants already in the properties for $100 to $300 per month positive cashflow. Properties done by this rehabber can be seen at www.2rto.com
