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TURNKEY REAL ESTATE with The Azzam Group

Turnkey properties

15214 Walvern Blvd, Maple Heights, OH 44137

SOLD

4 Bed | 1 Bath | 1,186 Sqft

Purchase Price $154,900.00

Property Type Cap Rate Cash on Cash Return
Single Family
7%
7%
Current Status Current Rent Lease Term Utilities
Vacant
$1,350
Tenant Pays All

Pro Forma

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Major updates completed:
– Renovated Kitchen
      – New cabinetry with new hardware, hinges and pulls
      – New granite countertops
      – Custom 4 inch backsplash
      – New stainless steel sink, faucet & plumbing
      – New dishwasher
      – Vinyl plank flooring
– Renovated Bathroom
      – New custom tile surround
      – Glazing & caulking of tub
      – New vanity
      – New faucet, valves, supply lines, etc.
      – New toilet
      – New fixtures, light, hardware, mirror, etc.
      – LVP for flooring
– New front steps & railings
– Installation of new two car garage
      – Plans & permit approved through the city of Maple Heights
      – New concrete pad
      – Vinyl sided
– Landscaping: removal of overgrowth, shrubs, weeds, etc., cleaning beds, edging and mulching
– Gutter replacement
– New vinyl plank flooring and carpeting (carpeting for 2nd floor bedroom a low traffic area)
– New fixtures, switches and outlets
– Full interior paint
      – Two coats with sanding/prepping
      – Full trim, ceilings, doors, walls, closets
– New storm doors, railings, exterior lights
– Plumbing repairs/ misc valve and drain replacement
– New lock sets
– Replacement of several windows & repairs to the remaining windows
– Door adjustments throughout interior including the installation of closet rods
– Installation of smoke & CO detectors to code
– Serviced younger HVAC
Installation of vinyl plank flooring in recreation room of basement
E-Poxy of flooring on utility side of basement
Installation of washer hookups at laundry area
Full exterior paint: Two coats – siding, trim, doors, thresholds
Installation of interior handrails: 2nd floor & stairway to basement

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 conventional financing. 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 44139

The Azzam Group BBB Business Review

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