Available
$39,700(ARV: $160,000)25% of ARV

Montgomery County, Dayton, OH 45403

3 bd2 ba1,020 sfBuilt 1893

4 days ago

Gross spread$120,300

Description

PURCHASE PRICE: $39,700 Net to Seller ARV 160K + Depending on Scope of Work PROPERTY TYPE: Single Family Residential ROOMS: 3 BD / 2 BA (1 full) SQFT: 1,020 LOT: 2,178 · 0.05 Acres YEAR BUILT: 1893 PARCEL: Montgomery County R72 01309 0082 TERMS: Assignment of Contract · Cash or Hard Money · 5K non refundable EMD · 10 Day CO CALL FOR ACCESS: Vacant, lockbox available, schedule a day and time DETAILS: One story bungalow built in 1893 with a partial basement, vacant. This is a true heavy rehab. The interior is gutted with ceilings opened to the joists, temporary posts shoring the ceiling framing (plan on structural work and permanent supports), worn and damaged flooring, and a dated kitchen. Several windows and a door are boarded, and the front and side siding is weathered and needs replacement or repair; the rear has vinyl siding. Budget for structural, framing, drywall, flooring, kitchen, baths, windows, siding, and full mechanical review (electrical, plumbing, HVAC). Renovated sales nearby run 160k+, so there is room for a flipper doing a full renovation, or for a buy and hold landlord (estimated market rent around 831 a month as is; a finished 3 bed should rent higher, buyer to verify). Buyer to perform own due diligence. Disclaimer: Offered as an assignment of the contract (equitable interest). Buyer to verify all information including square footage, lot size, room count, zoning, structural condition, permitting, utility connections, mechanical systems, rental regulations, and property condition prior to closing. CALL or TEXT FOR MORE INFO [contact details hidden] COMPARABLE SALES: 147 Henry St · Sold 170,000 (Single Family · Dayton) 721 Xenia Ave · Sold 155,000 (Single Family · Dayton) 129 Henry St · Sold 150,000 (Single Family · Dayton) 100 Centre St · Sold 150,000 (Single Family · Dayton)

$/sqft vs market

This deal$39/sqft
Market median$91/sqft
Difference−57% below

Median of 136 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,020
Lot size2,178 sf
Year built1893
ConditionMajor Repair
OccupancyVacant
ParkingOff street

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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