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TURNKEY REAL ESTATE with The Azzam Group

Turnkey properties

2 Bed | 1 Bath | 850 Sqft

Purchase Price $132,900.00

Property Type Cap Rate Cash on Cash Return
Single Family
8%
10%
Current Status Current Rent Lease Term Utilities
Tenant Occupied
$1,200
06/30/2025
Tenant Pays All Utilities

Pro Forma

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– New garage roof and wood sheathing
– New garage overhead door and hardware
– Professional landscaping – including mulching, weeding, leaf and yard clean up, edging and trimming
– Exterior lights, house numbers and locks
– Weather sealed deck
– Siding and gutter repairs
– Existing iding is vinyl – and in excellent condition.
– Existing house roof is approximately 10-12 years old based on professional assessment
– Electrical system upgrade
     – New 100amp electrical panel
     – New electrical meter base
     – Updated 100amp exterior service
     – Grounding
     – New GFCI outlets throughout
     – New switches and outlets throughout
– New Furnace
– New 40 gallon hot water heater and fittings
– Repaired exhaust
– Plumbing repairs/upgrades
     – New valves
     – New kitchen trap/valves
     – New laundry valves
     – New faucets – kitchen and bathroom
     – New supply lines in kitchen
     – New toilet
– Full interior paint
     – Walls
     – Trim
     – Ceilings
     – Doors
Professionally finished hardwood flooring throughout
     – Full sanding
     – Hand applied oak stain
     – 2 coats of matte polyurethane
– New door knobs and stoppers throughout
– Door repairs and adjustments
– Smoke & Carbon monoxide detectors installed
– New LED light fixtures throughout
– Luxury vinyl plank flooring installed
– Rear family room
– Utility room
– Updated kitchen with granite countertops

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

The Azzam Group | RE/MAX Haven Realty
34050 Solon Road, Suite 100, Solon, OH 4413

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