🏡 Newly Renovated, Minimal Work Property in Warren, OH 🏡

Description

CALLING ALL INVESTORS! Newly renovated in November 2023, minimal work needed!

DETAILS
Bedrooms: 3
Bathrooms: 1
Square Footage: 1350 sqft
0.15 acre lot
Roof: 5-10 years, good
Windows: Original, good condition
Hot water heater: 1998, works well
Parking: 4 spaces on the slab driveway
HVAC: gas furnace – 2021, Central 2018
Basement Area 572 SqFt.
5 mins away from Trumbull Regional Medical Center and Mercy Health – St. Joseph Warren Hospital

Rent for the area for similar properties is between $850-$1,000/mo.

With 75% LTV loan, 30 years at 9% interest you can receive a 103% cash on cash return.

Great buy and hold opportunity for someone looking for some extra cash flow from a rent ready unit. 💸

COMPS:
1357 Deforest Rd SE, Warren, OH 44484

Sold: $83,000 | Sold on 11/17/23

3 bd | 2 ba | 1,600 sqft

2791 Milton St SE, Warren, OH 44484

$85,000 Pending

2 bd | 2 ba | 1,780 sqft

Photos:
https://drive.google.com/drive/folders/13CcrCIxnkICEwtQlUkp1ZXQjlB6Tdyp7?usp=drive_link