Contract For Assignment – 1849 Lincoln Ave, Hamilton, OH 45011
-
Single Family House -
2 -
1 -
1920 -
1030 -
No Garage
Description
**Contract for Assignment**
1849 Lincoln Ave
2/1 1030 sqft
Asking Price: $58,000 (cash only)
Est. Rehab: $50,000
ARV: $145,000 ($140/sqft)
*Vacant at closing*
Comps:
- 1803 Shuler Ave 2/1, 916sqft, $132/sqft, sold 11/23
- 1330 Harmon Ave 2/1, 844 sqft, $164/sqft, sold 3/24
- 1661 Ray Combs Ave 2/1, 964sqft, $124/sqft, sold 10/23
- 1722 Kahn Ave 2/1, 768sqft, $164/sqft, sold 11/23
Condition/Background: This property will need an interior and exterior update. HWH is newer, roof is around 20 years old per owner but in functioning condition. Furnace also older. Some windows will need replaced, vinyl siding is newer and in good condition, fascia and sofit needs some work. Basement is needing a new sump pump and a french
drain to be installed around the interior perimeter. All things considered within the estimated $50K rehab budget. Layout is currently a 2/1, but can easily be converted to a 3/1, with the third bedroom being on the main level.
Call or text me at 937-602-5756 for more details or if you have questions.
Estimated Spread
- ARV $145,000
- Price $58,000
- Spread $87,000
