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Updated almost 9 years ago,
AKRON OHIO INVESTOR SPECIAL - TURN KEY 40%+ RETURNS
DESCRIPTION: COLONIAL ALUMINUM/VINYL 2 STORY WITH 480 SQ FT GROUND FLOOR LIVING AREA AND 1156 TOTAL SQ FT LIVING AREA, BUILT ABOUT 1916. IT HAS 7 TOTAL ROOMS WITH 3 BEDROOMS, 1 FULL BATHROOM, A FULL BASEMENT, HEATING IS CENTRAL AND THE OVERALL CONDITION IS AVERAGE.
LAND: | 7320 | BUILDING: | 20880 | TOTAL: | 28200 |
ASSESSED LAND: | 2560 | ASSESSED BLDG: | 7310 | ASSESSED TOTAL: | 9870 |
She currently has a tenant @ $600.00 per month.
Property is in good condition according to her.
New Furnace
Electric works
She owes $xxxx.xx in back taxes. Is the reason she is selling, they are charging her $xxx interest per month.
We can probably get her down to about $xx,xxx Cash.
Neighborhood Comps Sold @ $38,500 for 66 Elinor Ave.
This means you can get the property under $xx,000. that 40+% return per year on your investment. Or resell it @ 30-40k