Investment Property in Westwood – Owner Financing Available! For Sale

  • $102,000
  • 4 beds
  • 1.5 baths
  • 1,560 plus additonal mud room sqft

Take advantage of this excellent investment opportunity in Westwood. The house needs very little work. Newer roof, (aside from roof over the front porch), newer A/C, new furnace, updated kitchen with granite countertops, newer siding, and much much more.

Scope of work: New carpet upstairs, clean or replace carpet downstairs, update the full bathroom, minor drywall patches, touch-up or full interior paint, small soffit repair, update 2nd half-bathroom in the basement, update roof over front porch area.

Collect $1,500+ per month in rent from Section 8.

This home comes with two purchase options. Neither option will require bank qualifications, but the owner financing option will have a few more requirements than the lease option.

ARV: $111,173.57

Comps

1. 2746 Felicity Place sold for $135,000

2. 2950 Mignon Avenue sold for $100,000

3. 2906 Lischer Avenue sold for $190,000

Owner Financing

Purchase Price: $102,000 (Negotiable)

Down Payment: $15,000 (Negotiable)

Term Length: 5 Years

Payments: $762.98 (PTI) (Estimated $110/month insurance)

Interest: 7%

 

***The property is currently occupied. The tenants will be vacating the property before closing. Please do not disturb occupants.

If you have any questions please give us a call at (513) 434-8599, send us an email at leads@discountpropertyleads.com, or visit our website www.discountpropertyleads.com

Price:
$102,000
Address:
2787 Montana Avenue
Cincinnati, OH 45211
Square Feet:
1,560 plus additonal mud room
Lot Size:
5,358
Bedrooms:
4
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1902
Basement:
Full, finished

Call (513) 434-8599 for more details

Property Location