Investment Opportunity · Columbus, OH

1007 Summit St

Columbus, OH 43201 · MLS 226005711

List price
$349,900
3 bd / 2 ba
Bedrooms / baths
1,760 sq ft
Living area
1900
Year built
3,920 sq ft
Lot

"This property can be packaged with 1136 Summit. These properties are for serious investors only. Cash investors only at this time. All properties are to be sold as is where is."

Listed by Beverly Woodford Woodford Contemporary (614) 271-8264

From the listing. This is a very unique property located in the heart of the Italian village area. Close to Downtown and The Entertainment Arts District. This is a big remodel for the serious investor or do it yourself contractor. Property has been gutted, and rough wiring is 80% completed. New roof was installed on within the past year. This property is priced far below market! Comps are in the $500,000.00 to $600,000.00 range based on upgrades. This property can be packaged with 1136 Summit. These properties are for serious investors only. Cash investors only at this time. All properties are to be sold as is where is.

01 - Price This Property

What you qualify for on 1007 Summit St.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $349,900
State OH

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $110 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $110 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Beverly Woodford, Woodford Contemporary ((614) 271-8264). To see it or make an offer, contact Beverly directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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