We Buy Houses

Great cash-flowing investor package or flip project in Maple Heights. Wholesale priced at $39,900 for an immediate cash sale with a turn-key tenant in place paying $700 per month ($8,400 per year — 13%+ All-In Yield after repairs).

PROPERTY DETAILS

Layout: 1 Bedroom / 1 Bathroom
Size: 594 Square Feet
Basement: Full Unfinished Basement
Parking: Detached Garage
Exterior: Fenced Yard

THE REHAB SCOPE Defined scope with a 2-page stamped structural engineer report completed and available upon request. The official city Point of Sale (POS) repair list includes:

Adding a 20x20 concrete pad footing and 16x16 block pier under the rear addition
Realigning a roof buckle caused by that rear shift
Resurfacing the asphalt driveway

INVESTOR TERMS & EQUITY UPSIDE Priced at $39,900 ($67/sq ft), which is $12,600 below the lowest area sale ($52,500) and $85,000+ below recent repaired area comps ($125,000 to $137,000). Sold strictly as-is. The buyer will assume the city Point of Sale violation list at closing. Cash offers only.