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1327 E 65th St, Cleveland, OH 44103, USA

$49,500

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Property Address

1327 E 65th St, Cleveland, OH 44103

 

Property Overview

Single Family

3 beds, 1 bath

1,254 sqft

Year Build: 1957

Lot size - 0.13 acre

Occupancy: Vacant

 

UPDATES:

-Roof Replaced Last year

-Furnace Replaced 5 years ago

-Hot water Tank Replaced 5 years ago

-Back Porch Re Done Two Weeks Ago

-Electrical And Plumbing Working Well

-Needs Cosmetic Work and Some Fresh Siding

Tenant On Section 8: $830/month (can increase this to $1400)

 

Tenant is MTM and has been there for 22 years

Tenant would like to stay

Section 8 pays $700 Tenant pays $130. This Can go up.

 

Asking price - $49,000

ARV - $95,000

To submit an offer or schedule a showing, please contact the seller on the listing.

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Loan Type Rate Points Term

DSCR ("Rental")

 6.5% - 8% 0.5 - 2 30 year

Fix and Flip ("Bridge", "Hard Money", "Fix and Rent", "RTL")

 10.75% - 12% 1 - 2 6 - 18 months