TURNKEY REAL ESTATE with The Azzam Group
Turnkey properties
2 Bed | 1 Bath | 696 Sqft
REHAB IN PROGRESS
Purchase Price $122,900.00
| Property Type | Cap Rate | Cash on Cash Return |
|---|---|---|
|
Single Family |
8% |
10% |
| Current Status | Current Rent | Lease Term | Utilities |
|---|---|---|---|
|
Vacant |
$1,050 |
- |
Tenant Pays All Utilities |
Major Renovations:
Exterior
– Replace rear exterior door
– Replace front exterior door
– Replace Front storm door
– New rear steps and handrail
– Repair front chain link gate
Garage
– New garage door opener
– New man door
– New junction box covers
Interior
– Paint throughout
– New drywall where needed
– Kitchen
– New kitchen cabinets
– New cabinet pulls
– New dishwasher
– New faucet, sink, p-trap, etc.
– Install insulation in rear wall
Bathroom
– New bathtub and tub/shower faucet
– New tile tub surround
– New vanity and faucet
– New toilet
– New mirror
– New towel holders
Electrical
– New light fixtures / exterior and interior
– New switches and outlet
– Removal of all low voltage wiring
– New overhead light in living room
– Smoke and CO2 detectors throughout
Flooring
– ew 3/4″ subfloor throughout
– New LVP flooring in all rooms
– New baseboards throughout
Plumbing
– Replace all drains
– New stack
– Replace all water supply lines
– Replace all shut off valves
– New HWT
Misc
– Replaced 7 interior doors and hardware
– Install closet rods where necessary
– Install vapor barrier in crawl space
– Install covering for 2 crawl space openings
– New mailbox
– New address numbers
HVAC
– New furnace
– Replace/repair duct work where needed
Exterior
– Replace rear exterior door
– Replace front exterior door
– Replace Front storm door
– New rear steps and handrail
– Repair front chain link gate
Garage
– New garage door opener
– New man door
– New junction box covers
Interior
– Paint throughout
– New drywall where needed
– Kitchen
– New kitchen cabinets
– New cabinet pulls
– New dishwasher
– New faucet, sink, p-trap, etc.
– Install insulation in rear wall
Bathroom
– New bathtub and tub/shower faucet
– New tile tub surround
– New vanity and faucet
– New toilet
– New mirror
– New towel holders
Electrical
– New light fixtures / exterior and interior
– New switches and outlet
– Removal of all low voltage wiring
– New overhead light in living room
– Smoke and CO2 detectors throughout
Flooring
– ew 3/4″ subfloor throughout
– New LVP flooring in all rooms
– New baseboards throughout
Plumbing
– Replace all drains
– New stack
– Replace all water supply lines
– Replace all shut off valves
– New HWT
Misc
– Replaced 7 interior doors and hardware
– Install closet rods where necessary
– Install vapor barrier in crawl space
– Install covering for 2 crawl space openings
– New mailbox
– New address numbers
HVAC
– New furnace
– Replace/repair duct work where needed
Our property management division, RE/MAX Haven Property Management, manages a portfolio of thousands of properties in the Cleveland & Akron areas. We specialize providing a worry-free property management experience. With over 30 full time employees, we offer dedicated service departments for maintenance, city/utility liaison, tenant support and marketing.
Cash and most financing (including DSCR, SDIRA, etc.). Referrals for lenders available upon request.
$1,000 seller credit toward interest rate buy down.