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The Property Rose LLC

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The Property Rose LLC

11815 Fountain Way Suite 300
Newport News, VA 23606
 (757) 389-2821
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4617 Selhurst Rd, North Olmsted, OH 44070

4 Bedrooms / 1 Baths / Single Family

Property Status:  For Sale | $170,000.00 (Wholesale) | 

Tenant-Occupied in Greater Cleveland area!

Property Status:
For Sale | $170,000.00 (Wholesale)

Property Details:
Property Style:
Year Built:
Finished Sq. Ft:
Unfinished Basement

This is a direct to buyer wholesale assignment for a tenant-occupied in North Olmstead OH, which is in the Greater Cleveland area.  ARV $250,000 Earnest deposit required $4,000. This home needs no rehab but just a couple of updates. Great property as a buy and hold in Ohio! Tenant is paying $1140 on an annual lease which will go until 6/1/24. Avg rents $1800 for the area.  If you go in and upgrade it nicely you'd probably be able to get more.  

Most DSCR loans will not approve based on the rent.  I'm looking for that landlord who has their own capital and wants to go in and take over this property. The homeowner is a tired landlord--they didn't want to use their own money to replace the HVAC and carpet (needs replacing in the next 1-2 years), and they're tired of managing a property. 

4688 Silverdale Rdhttps://www.zillow.com/homedetails/4688-Silverdale-Rd-North-Olmsted-OH-44070/33468086_zpid/

4366 W Ranchview Ave

Contact me at 757-389-2821 or info@thepropertyrose.com.  Thanks!  

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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