5/1 Rehab Property with Multi-Exit Strategy Potential on HUGE lot of Land!

714 Main St, Felicity, OH 45120

$75,000 After Repair Value -
$37,500 Asking Price -
$18,000 Cost of Repairs =
$19,500 Potential Profit

Property Details

Asking Price $37,500

After Repair Value $75,000

Costs of Repairs $18,000

Potential Profit $19,500

Living Area 1636 ft2

Property Type Single Family House

Bedrooms 5

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $750

Yearly Expenses N/A

Property Taxes $678

Net Operating Income N/A

Cap Rate N/A

Property Description

Priced right Handyman Special for a buy and hold to live in or rent, or a great acquisition for a savvy investor to fix and flip or buy and hold. There are so many possibilities of profit with this property! An assignable contract is held on this 5/1 rehab property on 0.17 acres. Great potential to be renovated to rent condition. There is ample room on the parcel (in the backyard) for a mobile home to maximize monthly cash flow and earning potential. Rent estimate $750/mo (home only). This property is located in Clermont County, Ohio about 28 miles southeast of Cincinnati in the quaint Village of Felicity, and is close to the Ohio-Kentucky border and accessible via the Ohio Scenic River Byway. Property is just blocks away from the local school, community center, police station and downtown Felicity. Asking $37,500 cash only, no financing please unless you can close in 7 days. No seller financing available. $5,000 non-refundable earnest money deposit due to title company at assignment. Contact Yolanda's Gmail at abundantrealtyresources - for more photos and property details.

Repairs Needed

New windows, paint, drywall, flooring, roof, yard cleanup, central A/C (optional).


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