Property Description:
Great cash flowing investor package or flip project in Maple Heights. This single family home is wholesale priced for an immediate cash sale and comes with a tenant already in place paying $700 monthly.
Property Features
Layout: 1 Bedroom / 1 Bathroom
Size: 594 Square Feet
Basement: Full Unfinished Basement
Parking: Detached Garage
Exterior: Fenced Yard
The Rehab Project
This is a true contractor special requiring heavy structural rehabilitation. The property has an official city Point of Sale violation list that includes three major items requiring city permits:
The rear section of the house is pulling away and requires foundation repair.
There is a visible roof buckle caused by the rear foundation shifting.
The asphalt driveway requires a complete resurface.
Investor Terms
The property is being sold strictly as is. The buyer is responsible for obtaining the city required contractor quotes and must fully assume the city Point of Sale violation list and escrow requirements at the closing table. Cash offers only.
This is an incredible opportunity to buy deep below market value, secure instant cash flow, and build massive equity once the structural updates are completed.