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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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Short Sale...Short Sale...Short Sale...Short Sale...Holton Wise

James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted Mar 22 2018, 06:25
FOR SALE
3234 Euclid HeightsCleveland Heights, Ohio 44118NEW BANK APPROVED PRICE$89,900
This duplex is in a high quality neighborhood in Cleveland Heights. Current seller needs to liquidate immediately. As such this property is priced WELL BELOW neighboring comps. Some two family homes in this neighborhood go for as high as $200k. If this property were completely turnkey Holton-Wise would have no problems selling it to another investor for $150k+.UPDATED: This was off the market for awhile while we negotiated pricing with the bank. We had it wrapped up at a slightly lower price but ultimately the bank could not close it at that price.WE HAVE NEGOTIATED A BANK APPROVED SHORT SALE PRICE OF $89,900. This is an AS-IS take it or leave it offer. No further negotiations will be permitted. Offers less than $89,900 will not be responded to. The mortgage payoff is $104,969.CLICK HERE to see the grade that this neighborhood got.

HIGHLIGHTS

  • 2 units
  • Down is a 3 bed 1 bath unit
  • Down is rented for $795 per month
  • Down lease available upon request
  • Up unit is a two floor 5 bed 1 bath unit
  • Up unit is being left vacant for easy showings
  • Up unit market rent is $995/mo
  • Total market rent; $1,790/mo
  • Tenants pays gas & electric
  • Owner pays water & sewer
  • Roof is older
  • Older furnaces approx 20 years old (each unit has it's own furnace)
  • Hot water tanks around 5 years old (each unit has it's own hot water tank)
  • Annual property taxes are $4,823 per year
  • House sold As-Is. POS report available upon request
  • Full inspection report available upon request
  • For information on How Holton-Wise can handle the POS repairs for you take a look at the video below. 👇
CLICK HERE TO MAKE AN OFFER, GET MORE INFORMATION, OR TALK WITH JAMES WISE ABOUT THIS OFFERING
CLICK HERE IF YOU WOULD LIKE HOLTON-WISE TO SELL YOUR PROPERTY IN AN EMAIL JUST LIKE THIS ONE
OVER $100 MILLION SOLD
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VIDEO OF THE DAY
When you are looking into purchasing rental real estate you probably have many questions about the policies & procedures of Holton-Wise as well as the industry in general. At Holton-Wise we believe in complete transparency throughout the entire investment process.Please take a look at the video below. Holton-Wise includes an informational &/or educational video in every property offering. These videos are a MUST WATCH for both new & seasoned investors. #RealEstateInvestingMadeEasy
Should you renovate your house before you sell it?; 6130 WestMinster. Parma, Ohio.
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Copyright © 2018 The Holton-Wise Property Group, All rights reserved.The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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