TOTAL ARV FOR ALL: $520,000

PURCHASE PRICE: $289,000

TOTAL REHAB COST: $130,718

TOTAL PROFIT: $100,282

509 Anderson St, Franklin, OH. 45005

415 East St, Franklin, OH. 45005

32 W Fifth Street, Franklin, OH. 45005

147 E Fifth Street, Franklin, OH. 45005

153 E Fifth Street, Franklin, OH. 45005

1113 Woodside Blvd, Middletown, OH. 45044

Price: $319,000

Price: $289,000

509 Anderson St,

Franklin, OH. 45005

415 East St,

Franklin, OH. 45005

32 W Fifth St,

Franklin, OH. 45005

147 E Fifth St,
Franklin, OH. 45005

153 E Fifth St,
Franklin, OH. 45005

1113 Woodside Blvd, Middletown, OH, 45044

Price: $319,000

Price: $289,000

509 Anderson St.

Franklin, OH. 45005

Rehab Needed: $28,611

ARV: $125,000

Possible Rent: $1,100

415 East St.

Franklin, OH. 45005

Rehab Needed: $18,910

ARV: $72,000

Possible Rent: $800

32 W. Fifth St.

Franklin, OH. 45005

Rehab Needed: $30,271

ARV: $135,000

Possible Rent: $1,200

147 E. Fifth St.

Franklin, OH. 45005

Rehab Needed: $22,598

ARV: $87,000

Possible Rent: $900

153 E. Fifth St. (0.14 ACRE LOT)

Franklin, OH. 45005

Rehab Needed: N/A

ARV: $6,000

Possible Rent: $N/A

1113 Woodside Blvd.

Middletown, OH. 45044

Rehab Needed: $30,328

ARV: $95,000

Possible Rent: $1,000

$289,000

6 Home Package Deal in Southwestern Ohio. Being Sold "As-Is"

TOTAL ARV FOR ALL: $520,000

PURCHASE PRICE: $289,000

TOTAL REHAB COST: $130,718

TOTAL PROFIT: $100,282

Work Has Been Done To All Homes And Each Is In Varying Stages of Rehab

CLICK HERE FOR ITEMIZED ERC COST ESTIMATION REPORTS AND COUNTY AUDITOR DATA

509 Anderson St. Franklin, OH, 45005

Cost On It's Own: $85,000

ARV: $125,000

2 story, 1,268 SQFT, 3 Bedrooms, 1 Bathroom, Partial Basement, 0.13 Acre, Total Remodel Year = 1986

This wholesale property is in a state of partial renovation, providing a prime opportunity for an investment buyer to customize the finish. The exterior of the residence is updated with new vinyl siding on three sides and the roof has been entirely replaced. The rear siding still needs to be installed. New windows have been fitted throughout the entire property.

The property has undergone significant demolition, with the kitchen and parts of the lower level currently stripped down to the studs. The buyer will need to complete the kitchen installation and further drywall work in these areas. Interior framing for the new windows is also needed.

Additional interior refurbishment required includes the installation of new flooring throughout the entire property, along with drywall repair in the upper level. The interior requires a full repaint to finalize the aesthetic update.

Finally, the bathroom is also in need of complete remodeling. This property offers a value-add opportunity for those looking to invest in its potential, through the completion of the renovation work started.

Photos of 509 Anderson

Comps to support ARV

Comp 1

Address: 1003 S River St

Sales Price: $155,000

Sales Date: 04/28/2023

Distance Away: 0.55 Miles

Square Footage: 1,064

Bed/Bath: 3 / 2.0

Comp 2

Address: 123 E 4th St

Sales Price: $155,000

Sales Date: 03/15/2023

Distance Away: 0.15 Miles

Square Footage: 1,473

Bed/Bath: 4/ 2.0

Comp 3

Address: 308 Forest Ave

Sales Price: $155,000

Sales Date: 7/05/2022

Distance Away: 0.48 Miles

Square Footage: 936

Bed/Bath: 2/ 1.0

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

1003 S River St

123 E. 4th St

308 Forest Ave

Sales Price

$155,000

Sales Date

04/28/2023

03/15/2023

07/05/2022

Distance Away

0.55 Miles

0.15 Miles

0.48 Miles

Square Feet

1,064

1,473

936

Beds/Bath

3/2.0

4/2.0

2/1.0

415 East St. Franklin, OH. 45005

Cost On It's Own: $50,000

ARV: $72,000

1 Story, 726 SQFT, 1 Bedroom, 1 Bathroom, 0.10 Acre, Year Built = Unknown

This wholesale property is presented as a bare bones investment opportunity with significant value-add potential. The exterior has been comprehensively updated with all-new vinyl siding, windows, and roof, providing solid foundational improvements.

The interior of the property has been fully demolished, leaving only the studs. This presents a clean slate for the buyer to complete renovations according to their own design and budgetary specifications. A considerable amount of work is necessary to render the property habitable, including but not limited to: installation of drywall, flooring, fixtures, and finishes. This property provides an opportunity for investors seeking a comprehensive renovation project.

Photos of 415 East

Comps to support ARV

Comp 1

Address: 444 E 4th St

Sales Price: $130,500

Sales Date: 01/13/2023

Distance Away: 0.30 Miles

Square Footage: 816

Bed/Bath: 2 / 1.0

Comp 2

Address: 736 Harrison Ave

Sales Price: $137,000

Sales Date: 07/07/2022

Distance Away: 0.32 Miles

Square Footage: 720

Bed/Bath: 2 / 1.0

Comp 3

Address: 213 Roberts Ave

Sales Price: $90,000

Sales Date: 03/17/2023

Distance Away: 0.31 Miles

Square Footage: 896

Bed/Bath: 2/ 1.0

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

444 E 4th St

736 Harrison Ave

213 Roberts Ave

Sales Price

$130,500

$137,000

$90,000

Sales Date

01/13/2023

07/07/2022

03/17/2023

Distance Away

0.30 Miles

0.32 Miles

0.31 Miles

Square Feet

816

720

896

Beds/Bath

2/1.0

32 W. Fifth St. Franklin, OH. 45005

Cost On It's Own: $85,000

ARV: $135,000

2 story, 1,344 SQFT, 3 Bedrooms, 1 Bathroom, Partial Basement, 0.07 Acre, Total Remodel Year = 1986

This wholesale property offers a moderate renovation opportunity, with substantial updates already completed by the previous owner. New vinyl siding and windows have been installed throughout the property, providing key upgrades to the exterior.

The bathroom renovation is nearing completion, requiring only final detailing to be fully realized. Other interior work that needs to be undertaken includes targeted drywall and plaster repairs.

The property features hardwood flooring. Although the floors are currently in need of refurbishment, with appropriate restoration, they could become a major selling point of the property. This wholesale opportunity is suitable for an investor interested in a project that involves minimal major renovation and mainly cosmetic improvement.

Photos of 32 W. Fifth

Comps to support ARV

Comp 1

Address: 123 E. 4th St

Sales Price: $155,000

Sales Date: 03/15/2023

Distance Away: 0.28 Miles

Square Footage: 1,473

Bed/Bath: 4 / 2.0

Comp 2

Address: 511 Lake Ave

Sales Price: $165,000

Sales Date: 08/11/2022

Distance Away: 0.55 Miles

Square Footage: 999

Bed/Bath: 3 / 1.0

Comp 3

Address: 1003 S. River St

Sales Price: $155,000

Sales Date: 04/28/2023

Distance Away: 0.49 Miles

Square Footage: 1,064

Bed/Bath: 3/ 2.0

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

123 E. 4th St

511 Lake Ave

1003 S. River St

Sales Price

$155,000

$165,000

$155,000

Sales Date

03/15/2023

08/11/2022

04/28/2023

Distance Away

0.28 Miles

0.55 Miles

0.49 Miles

Square Feet

1,473

999

1,064

Beds/Bath

4/2.0

3/1.0

3/2.0

147 E. Fifth St. Franklin, OH. 45005

Cost On It's Own: $55,000

ARV: $87,000

1 Story, 944 SQFT, 2 Bedroom, 1 Bathroom, 0.09 Acre, Year Built = 1979

This wholesale property provides an investment opportunity with both completed exterior renovations and an interior in need of refurbishing. The previous owner has made essential improvements, such as the installation of new windows throughout and the application of newer siding, enhancing the exterior's durability and appeal.

However, the interior requires comprehensive updating. This includes a full repaint of all rooms, replacement of the existing flooring, and remodeling of both the kitchen and bathroom. Furthermore, the property requires attention to its electrical and plumbing systems, indicating the need for potential infrastructural updates.

Given these considerations, this property would be best suited for an investor seeking a project with scope for interior modernization and potential infrastructure improvements.

This property purchase also includes the adjacent vacant lot at 153 E Fifth St, allowing for potential expansion or separate development, offering added value to this wholesale package deal.

Photos of 147 E. Fifth

Comps to support ARV

Comp 1

Address: 372 Thomas Dr

Sales Price: $140,000

Sales Date: 10/04/2022

Distance Away: 0.45 Miles

Square Footage: 1,026

Bed/Bath: 3 / 1.0

Comp 2

Address: 444 E 4th St

Sales Price: $130,500

Sales Date: 01/12/2023

Distance Away: 0.23 Miles

Square Footage: 816

Bed/Bath: 2 / 1.0

Comp 3

Address: 302 Allen St

Sales Price: $117,000

Sales Date: 05/17/2023

Distance Away: 0.37 Miles

Square Footage: 968

Bed/Bath: 2/ 1.0

Comps to support ARV

Comp 1

Comp 2

Comp 3

Address

372 Thomas Dr

444 E 4th St

302 Allen St

Sales Price

$140,000

$130,500

$117,000

Sales Date

10/04/2022

01/12/2023

05/17/2023

Distance Away

0.45 Miles

0.23 Miles

0.37 Miles

Square Feet

1,026

816

968

Beds/Bath

3/1.0

2/1.0

1113 Woodside Blvd. Middletown, OH. 45044

Cost On It's Own: $65,000

ARV: $95,000

1 Story, 968 SQFT, 2 Bedroom, 1 Bathroom, 0.17 Acre, 1900 = Year Built

Offering a comprehensive redevelopment opportunity, this wholesale property has been extensively prepared for a full-scale renovation. The exterior of the home has been upgraded, with new vinyl siding, windows, and roof installed by the previous owner, ensuring the structural integrity of the property.

The interior of the property is currently stripped down to the studs, some of which have been newly replaced, providing a clean slate for a complete redesign and renovation according to the buyer's vision. Adding to the utility of the property is a standalone shed, providing additional storage or potential workspace

This gives potential investors the freedom to design and construct the internal space according to their specifications. With the initial groundwork laid, this property offers an investor a straightforward path to create a customized residence or rental unit from the ground up.