This is a direct to buyer wholesale assignment for a tenant-occupied in North Olmstead OH, which is in the Greater Cleveland area. ARV is $250-260k Earnest deposit required $3,000. 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 $1800-2000 for the area. If you go in and upgrade the bathrooms, you'd probably be able to get more.
I'm not in Ohio, otherwise I would buy it for myself. 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 out of state.
COMPS4688 Silverdale Rdhttps://www.zillow.com/homedetails/4688-Silverdale-Rd-North-Olmsted-OH-44070/33468086_zpid/
4366 W Ranchview Avehttps://www.zillow.com/homedetails/4366-W-Ranchview-Ave-North-Olmsted-OH-44070/33468522_zpid/
Contact me at 774-252-2006 or info@thepropertyrose.com. Thank you.
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.Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.
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