Easy 2/1 Profit Maker - Wholetail to Flip or Cashflow from Rent - 0.2 Acres!

123 Light St, Felicity, OH 45120

$77,000 After Repair Value -
$40,000 Asking Price -
$10,000 Cost of Repairs =
$27,000 Potential Profit

Property Details

Asking Price $40,000

After Repair Value $77,000

Costs of Repairs $10,000

Potential Profit $27,000

Living Area 1126 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $650

Yearly Expenses N/A

Property Taxes $781

Net Operating Income N/A

Cap Rate N/A

Property Description

Priced right Handyman or Investor Special for a buy and hold to live in or rent, or a great acquisition for a savvy investor to quickly clean up for a tenant buyer fix and flip or buy and hold! Property is on a corner lot. An assignable contract is held on this vacant 2/1 property on 0.20 acres (HUGE yard)Great potential to be deep cleaned and cosmetically repaired to rent or retail condition. Detached garage on the property and a small shed in backyard. Rents for $650/mo. Previous tenants were recently evicted. Great opportunity to create affordable housing for the neighborhood! Nearby to police station, schools, shopping, community center and downtown FelicityAsking $40,000 cash, no financing unless you can close in 7 days or less. Owner is not open to seller financing. $5,000 non-refundable earnest money deposit due to title company at assignment. Contact Yolanda at abundantrealtyresources@ - for more photos and property details.

Repairs Needed

New windows, Deep cleaning, Some drywall patching in front room.


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