Investment Opportunity · Cleveland, OH

1499 Clermont Rd

Cleveland, OH 44110 · MLS 5235997

List price
$64,500
3 bd / 2 ba
Bedrooms / baths
1,190 sq ft
Living area
1925
Year built
3,502 sq ft
Lot

"Property is being sold as-is. Seller will make no repairs. Buyer to assume the City of Cleveland violations. See the supplements."

Listed by Jennifer Woomer VSD Realty, LLC. (216) 406-1772

From the listing. Attention Investors & First-Time Buyers! This charming 3-bedroom, 2-full-bath vinyl, Colonial with two car garage offers an excellent opportunity to make a home your own. With a solid foundation with important updates, including a newer furnace and hot water tank, plus upgraded electrical, the major systems are already in place. Located in a stable neighborhood with many long-time residents, this property is ready for your finishing touches and personal vision. Property is being sold as-is. Seller will make no repairs. Buyer to assume the City of Cleveland violations. See the supplements.

01 - Price This Property

What you qualify for on 1499 Clermont Rd.

Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.

List price $64,500
State OH

A ballpark is fine. Nothing is pulled.

Flips, rentals bought and sold, or builds. Decides the down payment.

Our super rough estimate at $45 per sq ft. Put in your contractor's number if you have one.

The loan stays under 75% of it. Leave blank to size on the price alone.

    02 - The Numbers at Closing

    Priced at the list price.

    ItemOption 1Option 2

    *Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.

    We are the lender, not the listing agent. This property is listed by Jennifer Woomer, VSD Realty, LLC. ((216) 406-1772). To see it or make an offer, contact Jennifer directly, or work with your own buyer's agent. The numbers on this page are simply what our financing would look like on this property. Viewing them is not a commitment to borrow from us, and you are free to finance the purchase however you choose. We do not represent buyers or sellers.

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