Great flip or rental opportunity in this up and coming Woodland Park area near OSU East! This home built in 1926 has 1560 sq-ft living area plus 225 square feet finished basement. It currently has 3 beds and 1 baths. It needs a cosmetic overhaul and we recommend opening up the floorplan to the kitchen area and adding at least a half bath. We recommend installing new HVAC and upgrading the electric panel to accommodate it. There is plenty of space to build a detached garage behind home so we allocated 20K out of the 80K flip repair budget to build a garage. A landlord could get by with significantly less repairs if they wanted to keep it for a rental. Potential ARV of $230,000 with flip repairs estimate of $80,000. Or rental repairs estimate of $35,000 with a rental price estimate of $1,100+ per month.
Extra Information for 1607 Pembroke Avenue Columbus, OH 43203
- Seller Type: By Owner
- Category: Single-Family Houses
- Square Feet: 1560
- Amenities: Parking
- Listed Date: Dec 20, 2018