Investment Property in Westwood – Owner Financing For Sale

  • $50,000
  • 4 beds
  • 1.5 baths
  • 1560 sqft

2787 Montana Avenue, Cincinnati, OH 45211

Financing opportunity on this 4-bedroom 1.5 bath located in Westwood. This property has newer electric, Furnace, hot water heater, and roof. A new A/C unit is being installed. The kitchen and half-bath were also recently updated, and the cabinets and countertops are still in excellent condition. The attic has been converted into a 5th bedroom and has a door and closet. Only $5,000 down!

Purchase Price: $50,000
Down Payment: $5,000 + Closing costs

Monthly Payments: $500.42 (Estimated with taxes and insurance included)

Interest: 9.5% Interest Only

ARV: $111,000

Term: 24 – 36 months

Cash offers welcome!

Scope of work:

-Minor siding repairs
-Replace roof over deck
-Repair soffit
-Redo staircase in the back of the house
-Minor repairs to the staircase going into the basement (bottom two steps)
-Full bathroom update
-New carpet
-Paint
-Drywall repairs
-Replace some wood above the soffit that was damaged due to water
-A couple of doors need new door frames
-The floor of the addition needs to be replaced
-Some drywall in the addition will also need to be replaced
-There is a slight gas line leak that will have to be repaired
-Update basement including 2nd half-bath
-Replace glass on window in addition

Comps
1. 2746 Felicity Pl. sold for $135,000
2. 2950 Mignon Ave. sold for $100,000
3. 2959 Wardall Ave. sold for $121,800

 

Financing Requirements

-Income verification for $1503.00 per month (can be combined income)

– Employed for at least one year with the same employer

– No evictions

– We do background and credit checks (A criminal history will not disqualify you. Everything is taken on a case-by-case basis)

For more information, or to schedule a viewing, give us a call or send us a text at (513) 434-8599, or send us an email at leads@discountpropertyleads.com.

Price:
$50,000
Address:
2787 Montana Ave
Cincinnati , OH 45211
Square Feet:
1560
Lot Size:
5,358
Bedrooms:
4
Bathrooms:
1.5
Terms:
For Sale
Property Type:
Home
Year Built:
1905
Basement:
Full, unfinished

Additional Features

Large fenced in backyard, spacious kitchen, and bedrooms, newer roof, electric, A/C, furnace, and hot water heater.

Call (513) 434-8599 for more details

Property Location