2234 E 5th St, Dayton, OH 45403
This house is in the premier Huffman Historic area and has tremendous potential for a huge flipping payday. When doing your comps, make sure to only look inside the Huffman historic area. The comps in this area are much higher than the surrounding area. There is a tenant in place on a month to month lease and is actually moving out end of this month.
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Asking Price: $75,900 (or Highest & Best offer)
After Repaired Value: $180,000
Property Details:
- Size: 2,080 sf (as per tax records)
- Lot Size: 5,101 sf lot total (as per tax records)
- Built in: 1900 (as per tax records)
- Beds / Baths: 3 bed / 2 bath (as per our seller)
- Occupancy? Occupied (do NOT go on property or bother occupants). It does have a tenant in the property on a month to month paying $400 per month.
- Condition:
- Property is sold in As-Is Condition, and buyers agree to do their own due-diligence and inspections.
- Back in 2008, our seller redid the following:
– Electrical
– Plumbing
– Water heater
– Roof
– Added 2nd story balcony
– New breaker box
Comps:
- $185,000 – 92 Linden Ave- Full Renovation- 300sf larger, but lot is half the size.
- $174,900 – 1805 E 4th St- Full Renovation – 200sf smaller and smaller lot
- $174,500 – 48 S Terry St- Full Renovation – 200sf smaller
- $165,000 – 1729 E 4th St- Full Renovation
- $165,000 – 1725 E 4th St – Full Renovation
- $90,000 – 34 S Terry St – Cash sale for handyman special.
Terms:
- Cash or Hard Money only
- Must be able to close in 10 days or less
- Once offer is accepted, you must place $3,000 non-refundable deposit in escrow.
Call or Text David For Access – 602-962-7588
Submit Offer Before Noon on 02/19/21 using the form below.
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