Skip to main content

Cleveland OH 44127

Asking Price

$30,000

Beds

3

Baths

1

Square Footage

1,166 sqft

Property Type

Single Family

Year Built

1920

Lot Size

5,000 sq ft

About This Property

Looking for an affordable Cleveland investment with multiple exit strategies? Check out this opportunity in the 44127 market!

This 3-bedroom, 1-bathroom single-family property offers approximately 1,166 SF of living space and presents an opportunity for investors looking to add value through renovation and repositioning.

INVESTOR HIGHLIGHTS:

• 3 Bedrooms / 1 Bathroom

• Approx. 1,166 SF

PROPERTY CONDITION – MAJOR REHAB NEEDED

Please review carefully before submitting an offer:

• Roof is approximately 30 years old

• Shingles are blowing off and roof replacement is needed

• Furnace is not functional

• Furnace room has a cracked firewall from a prior explosion

• Gas service to the house is currently shut off

• Property currently uses window AC units

• Bathroom ceiling needs replacement due to leak/water damage

• One bedroom ceiling needs replacement due to leak/water damage

• Laundry room has a large opening, and raccoons have entered the property

• Yard is severely overgrown

• Paneling has been installed over the walls

• Major cleanout and extensive rehabilitation required

Call/Text Laith: (856) 804-1576 to lock it in

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.

Deal Calculator

Estimated Net Profit

$7,140

ROI: 23.1%·Cash-on-Cash: 96.7%

$
$
$

Project Breakdown

Sale Price (ARV)
$42,000
Purchase Price
$30,000
Rehab Budget
$0
Interest (12%, 4 mo)
$960
Points (2%)
$480
Closing Costs (3%)
$900
Selling Costs (6%)
$2,520
Total Cash Required
$7,380
Net Profit
$7,140

Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.

Location Hidden

The exact address unlocks in seconds

Direct Home Offers

Acquisitions & Dispo Team

Direct with the seller, no daisy chains

Send a Message