ColumbusWholesaleProperties.com » Franklin County Investor Deals

Turnkey Duplex- Rehabbed, Rented and Managed! 937-939 Linwood

Jeff Kowalczuk — Fri, 23 Dec 2011 05:13:44 +0000

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Purchase Price- $30,000 Net to seller

Rented at 525.00 per side= $1,050 per month

Annually 12,600/Purchase Price 30,000

42% ROI Year 1

Contact Jeff if interested at 614-456-9000

New Deal Alert!! Duplex in the Hilltop. 150-152 N Burgess

Jeff Kowalczuk — Wed, 16 Nov 2011 23:43:07 +0000

150-152 N. Burgess Ave, Columbus OH 43204

Purchase Price- $13,000 2 Bed/1 Bath Unit / 1 Bed/1 Bath Unit

Close to Casino Development Area

This property is not going to need a whole lot of work. As you can see the outside of the property is completely updated. New siding, new roof, new white vinyl windows, new gutters, soffits and facia. The repairs that will be needed on the exterior are the right side gutters/soffits are falling down, should only be a couple hundred dollar repair. Other then that, there are a bunch of broken windows. Best bet would be to pull them out and replace both panes of glass for around $50.00 each, should total around $800-$900.

As for the interior, this carpet is brand new in both units, as well as a couple fresh coats of paint. There is some drywall work needed around both baths and the stairway that seperates the units. Your largest expense on this property will be the electric, furnace and water tanks. The electric was stripped out of the property, should be between 2-3k to get it all fixed up. Feel free to use my excellent Electricians, just ask if you need a good one! Will also need to install a furnace ($1,000) and two water tanks with some minor plumbing in the baths. ($2,000)

All in all, this rehab should take about 6-7k to get it up and running again.

$13,000 Cash will take it.

CLICK HERE FOR PICTURES

CLICK HERE FOR VIDEO

Contact me at 614-390-DEAL or email me JeffKnowsHouses@gmail.com

Happy Investing,

Jeff Kowalczuk

SOLD! SOLD! 4 Bed/2 Bath Home in Westerville for under 50k!

Jeff Kowalczuk — Wed, 31 Aug 2011 04:40:30 +0000

SOLD IN 48 HOURS!

3583 Carthage Ct, Westerville OH 43081

4 bed/2 baths/1460 Sq ft

Fenced Yard/ New roof and windows / Westerville Schools

ONLY $48,000!!

Here’s a quick list of some recent sales in the area.

	Address	City State Zip	Settle Date	Sale Price	Price Per Sq Ft	Building Sq Ft	Total Assessment	Bdrm	Total Baths	Dist (miles)	Assessed Value Ratio	Year Built	School District
1.	5959 Dakar Rd E	Westerville OH 43081	03/31/2011	$118,000	$85.51	1,380	$121,800	3	2	.49691	0.97	1966	Westerville Csd
2.	3463 Brazzaville Rd	Westerville OH 43081	12/10/2010	$125,000	$89.54	1,396	$134,700	3	1	.497717	0.93	1968	Westerville Csd
3.	385 Brisbane Ave	Westerville OH 43081	03/29/2011	$136,000	$103.11	1,319	$137,400	3	2	.562216	0.99	1972	Westerville Csd
4.	3518 Rangoon Dr	Westerville OH 43081	12/14/2010	$112,500	$71.25	1,579	$123,900	4	2	.569917	0.91	1962	Westerville Csd
5.	3665 Mexico Ave	Westerville OH 43081	07/29/2011	$126,000	$89.74	1,404	$130,800	4	2	.597179	0.96	1962	Westerville Csd
6.	754 Pointview Dr	Westerville OH 43081	11/30/2010	$136,000	$107.17	1,269	$146,500	3	1	.614355	0.93	1970	Westerville Csd
7.	3780 Mexico Ave	Westerville OH 43081	03/31/2011	$138,900	$93.35	1,488	$146,400	4	2	.639897	0.95	1972	Westerville Csd
8.	5612 Natalie Ct S	Westerville OH 43081	06/22/2011	$128,000	$88.58	1,445	$136,300	3	2	.644359	0.94	1972	Westerville Csd
9.	3460 Paris Blvd	Westerville OH 43081	12/06/2010	$108,000	$68.40	1,579	$126,000	4	2	.66297	0.86	1962	Westerville Csd
10.	5535 Montevideo Rd	Westerville OH 43081	05/06/2011	$135,500	$84.27	1,608	$152,000	4	2	.684711	0.89	1972	Westerville Csd
11.	518 Munich Pl	Westerville OH 43081	07/11/2011	$138,000	$109.52	1,260	$129,600	3	2	.802958	1.06	1972	Westerville Csd

This rehab should in the 20-27k range, depending on your exit strategy and contractor used. Here are some of the things that will need done:

Update kitchen (flooring, cabinets, countertop, appliances)
Update baths (flooring, vanity, maybe showers)
Carpet throughout, a handful of floorboards should be replaced
Most of the doors will need replaced
Replace base trim in bedrooms
Deck above garage will need rebuilt, replace rotted wood
Will need water tank and furnace
Repair Drywall holes or replace sheets in bedrooms and kitchen
Repair drain at bottom of driveway
Paint throughout interior, exterior trim, and the shed
Clean up landscaping
Fix gutter system above side deck

Contact Jeff at 614-456-9000 to setup appointment to see this house. Or fax offers to 888-816-9320

1992 Ormond, Columbus, OH 43224

Jeff Kowalczuk — Tue, 05 May 2009 17:44:02 +0000

This property is located on the Northside of Columbus in a very nice Bread and Butter area. Located North of Cooke Rd, and West of Cleveland Ave, this property features 3 bedrooms, 1 bath and a basement. It has a HUGE backyard and deck! This would be a great lease option property!

ARV- $86,500

Rehab- 8-10k (Depending on contractor used)

Purchase Price- $34,000!

Click Here for Pictures

Click Here for the Map

895 S 22nd St- Very light rehab, cheap! (SOLD)

Jeff Kowalczuk — Wed, 29 Apr 2009 04:53:47 +0000

This investment will not need alot of rehab, replace the plumbing with CPVC, carpet, and paint and few windows, its rent ready! Jeff, Let’s get going it’s your time!

Bedrooms: 2

Bathrooms: 1

Square ft: 1,133

ONLY $12,900

Click Here for Pictures:

Click Here for the Map:

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1327-1333 E 24th Ave- 4 unit money maker!

Jeff Kowalczuk — Sat, 25 Apr 2009 05:34:13 +0000

Each unit has 2 bedrooms, 1 bath and a full basement. These are very large units with lots of living space. The best part about this deal is the rehab is minimal. Three of the 4 units just need some minor cosmetic touch ups. All of the major mechanicals are in good working order. You should not have to touch the electrical, plumbing, furnaces or hot water tanks. The basements all have solid foundations and are not damp at all. A few of the units still have all the appliances!!!

The unit that will need some work is the 1333 unit. The roof over this unit was leaking after a huge wind storm we had here in Columbus, which caused some water damage on the back wall upstairs and downstairs. The leak has since been fixed and should be fine now.

Rehab estimates on everything should be in the 10k range, but may vary depending on the contractor used. Do the work yourself and this will be an extremely cheap rehab.

Its your turn to step into the game and start ca$h flowing like crazy. This one should pay your own house payment each and every month.

Rents- $400 per unit
Rehab- 10k (depending on contractor used)
ARV- 120k

This one can be all yours for only $59,900!
Part 1
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Part 2
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Two Columbus Ohio Turnkey Investor Deals-

Jeff Kowalczuk — Sun, 25 Jan 2009 03:03:53 +0000

3177 McGuffey Rd, Columbus OH, 43219___
This 3 bedroom cape cod just underwent a huge renovation. This property is rehabbed and tenants are in place. Call Jeff at 614-419-3853 and pick this one up before someone else does! Only $62,900 and shes all yours!

Rental Information: (actual)
1 yr lease $890 a month – section 8 (guaranteed money)
Lease optioned for $104,900

Comparable Sales: (FYI – you could throw a rock from this house and hit most of these comps)
2999 Ontario $109,90007/30/08
3038 Karl rd $106,900 07/22/08
3051 Hamilton $104,000 05/12/08
1060 Piedmont $100,000 05/01/08
1117 Urana $95,200 03/06/08

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919 Ruby Rd, Columbus OH, 43227- $62,900

This 3 bedroom house has just undergone an extensive renovation, and we have just signed a 2yr lease at $825 a month and a purchase price of $89,900. This is a great deal for the passive investor. Approx Value $89,900

Property Amenities:
New Kitchen,New Electric, New Tile floors, New Plumbing, New Glass block windows in basement
Refinished Hardwood floors, New Bathroom, New Light fixtures throughout.

Rental Information:
2 yr lease $825 a month
Lease optioned for $89,900

Comparables – all less than 1/3 of a mile away
3536 Astor Ave $87,900 sold – 12/19/2008 3bed 1ba 1036sq ft
3562 Astor Ave $89,500 sold 06/29/2008 3 bed 1ba 1036sq ft
716 Weyant ave $91,000 sold 11/21/2008 3bed 1ba 1147sq ft
Location: Located on the East Side of Columbus, this sits close to shopping, all major highways, schools and playgrounds. Awesome up and coming neighborhood.
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SOLD!___3483 Penfield Rd, Columbus, OH 43227

Jeff Kowalczuk — Sat, 27 Dec 2008 21:27:28 +0000

SOLD! SOLD! SOLD! This is a 3 bedroom, 1 bath ranch that is just shy of 900 sq ft with a partial basement. This property is located on the Eastside of Columbus in a nice Bread and Butter neighborhood which is primarily owner occupied. This property would rent for $750-850 per month depending on how you finish it. The property will only need 5k in rehab! It would also make a great lease option property. I myself would fixer up real nice and throw it on the retail market, but thats just my style, what is yours?
Buy it today for only $19,500!!! There are recent comps in the area of similar properties that have sold in the last three months and are within a half mile from the property. These sales range from 68k-82k with an average of about 77k.
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SOLD! SOLD! 876-878 Chittenden Ave, Columbus, OH 43211

Jeff Kowalczuk — Wed, 17 Dec 2008 19:38:30 +0000

SOLD! SOLD! 876-878 Chittenden Ave in 43211. This ready to rehab duplex is nestled among a group of new build homes located in an up and coming part of the Linden area. There are a few recent retail comps of similar doubles in this area that sold for $90,000 and $98,000 within the last 3 months.
This property has 3 bedrooms, 1 bath and a full basement on each side. Due to a mattress that decided to go up in flames like a bonfire, the 876 side has fire damage and will need rehabbed throughout, but did not cause any structural damage and did not affect the brand new roof.
Now on the other hand, the 878 side is close to rent ready. This side was recently rehabbed and was not really affected by the fire. Throw about 2k into the 878 side and its ready to roll and place a tenant that will pay $500-550 per month.
$7,500 and shes all yours!
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1053-1055 E 15th Ave, Columbus OH 43211

Jeff Kowalczuk — Wed, 10 Dec 2008 22:07:54 +0000

This Duplex is located west of Cleveland Ave in the Linden area. Each unit will rent for $550-575 per month. The property needs some lovin, but will make someone a TON of cashflow at this price! Other investors are buying duplexes in the area in the 30′s with similar rehab

Rehab- 12-13k

ARV- 80k

Purchase Price- $19,900
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