690 Reinhard Columbus, Ohio 43206 – Columbus Investments Deals Wholesale Real Estate Houses Rehab Property

690 Reinhard Columbus, Ohio 43206

Purchase this piece of Columbus for only $14,250.00

2 bedroom, 1 bath with around 800 square feet.

Market Rents: $600.00 per month

Rehab estimate: $15K

With it being located just south of Children’s Hospital, and east of German Village, this property is in an area that investors have zeroed in on.  Meaning, invest your time and money here, and your investment will be protected for years to come.

So what rehab needs done?? . Your next moneymaker will need a new roof, kitchen (cabinets, appliances) and windows. The plumbing is gone and you need to refinish the hardwood floors or just throw cheap carpet over them. The bathroom can be salvaged or replaced depending on your preference with your rentals. You will also need to update electric, paint exterior and clean the trash out. Some of the other things to note about this property are the full basement, strong foundation, all interior doors in excellent shape, interior recently painted, nice arched doorways and woodwork/trim in fine shape.

After fix up, you could rent this house out for about $600/month.  If you put $15,000 in rehab you’ve got a great ready to rent property for under $30k.  Not bad for a property that will return you about $7000/year!

Columbus Investments Deals Wholesale Real Estate Houses Rehab Property