Investment property for sale 43227 Cap Rate 14%
Investment property for sale 43227 is a Ranch style home with 3 bedrooms and 1 bath. This house was rehabbed and is being sold for $42,000.00. The home for sale in 43227 is an investor owned home and the real estate needs to sell quickly to recoup investor’s investment. Investment property for sale 43227 according to the Columbus MLS are selling for $54,249 on average. That means from day one of closing on this investment property for sale in 43227 you will have $8249.00 worth of equity in your house. The house is being sold as is with no repairs being done to it; because of the discounted price of the property. All buyers closing costs are paid for by buyer and owner is offering nothing except a clean title and deed.
The repairs done to this property include new roof on the house in 2012, along with repainting of the house .The front fence has been replaced and bushes cleared away from the investment property for sale 43227. On the interior of the home for sale every room has been repainted, the doors and wood work sanded, stained and then clear coated for a brand new finish. New carpeting and padding have been installed in the living room, hall, and bed rooms. While the Kitchen and bath has new vinyl. The cabinets in the kitchen were also sanded, retained, and then clear coated. The house offers 3 bed rooms on the entry level with two being approximately 8’ x 12’ and the other 8 x 12’. The investment property for sale 43227 is 912 square feet of living space with a full basement. The furnace is a high efficiency gas furnace and the hot water tank is electric.
The investment property for sale 43227 is located on the east side of Columbus OH. S Hamilton / Burlington Ave real estate is primarily made up of medium sized (two or three bedroom ) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the S Hamilton / Burlington Ave neighborhood are older, well-established, built between 1940 and 1969.