Overview
- 3 Bedrooms
- 1 Bathrooms
- 1,122 ft
- Year Built: 1879
Description
🏠 Property Overview:
Address: Chestnut St, Hamilton, OH 45011
Type: Single Family Home
Construction Year: 1879
Size: 1,122 sqft
Lot: 3,484 sqft
Layout: 3 Bedrooms | 1 Bathroom
Extras: Detached Garage, Central Heating/Cooling, Partially Finished Basement, Fireplace
Status: Tenant moved out; prime for next FLIP or Fix and Hold! Visit upon contacting us. LOCKBOX READY
💸 Financial Highlights:
Asking Price: $70,000
After Repair Value (ARV): $155,000-$165,000
Gross Spread: $85,000-$95,000
Earnest Money Deposit (EMD): $5,000 (non-refundable)
Closing On or Before: March 15, 2024
Title/Escrow: All Points Title
📍 Location Highlights:
Affordable Entry, High Upside: Hamilton blends affordability with potential for growth, perfect for both flipping and holding.
Infrastructure & Economic Development: Be part of a community on the rise, with infrastructure investments setting the stage for increased housing demand.
Strong Rental Market: A vibrant job market and low vacancy rates make Hamilton a hotspot for landlords seeking steady income.
📊 Comp Highlights:
1108 Garden Ave: Sold for $165,000 ($134/sqft) on 2/20/2024
124 Beckett St: Sold for $146,500 ($105/sqft) on 2/17/2024
1030 Chestnut St: Sold for $175,000 ($134/sqft) on 6/29/2023
Hamilton, OH 45011, offers an unmatched mix of low-entry costs and high-value potential. Whether flipping or holding, this is where your investment can flourish.