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3625 E 118th St.
Cleveland, OH 44105
  •  13 Submissions
  • Single Family
  • 3 Bedrooms
  • ​1 Bathroom
  • ​1,231 Sq. Ft.

PURCHASE PRICE

$33,000

*financing IS available

Property Information

CUSTOM JAVASCRIPT / HTML
3625 E 118th St.
Cleveland, OH 44105
  •  13 Submissions
This property is currently tenanted at $650 per month with a lease lasting until December 2021. The tenant pays all the utilities and according to the owner, the tenant has not missed any payments and are currently employed.

At a 17% CAP rate this property would be an amazing cash flowing rental property with minimal work to be done. Make an offer today! 
Comparative Market Analysis (Comps)
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CUSTOM JAVASCRIPT / HTML
CUSTOM JAVASCRIPT / HTML

We prefer to work with investors who are communicative and have the ability to close quickly. Please do not submit an offer if you are not serious about purchasing the property. We will not work with you in the future if this is the case. While we will usually select a buyer who is willing to pay cash, we may be able to connect you with lenders who can help make the deal a success. Priority may be given to those who place early offers. Do not let this scare you from asking questions about the property - we're more than happy to help!

Buying Process
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".

Assignment Contract: A assignment contract will be delivered electronically once an agreement has been made and must be executed by Buyer within 48 hours. Once the assignment contract is signed, we will introduce you to a third party title company we use who will help facilitate the closing process. The closing date will be written on the assignment contract.

Earnest Money Deposit (EMD) of $5,000 must be wired to the Title Company within 3 days of Assignment Contract signing.

Due Diligence: Buyer will be able to request due diligence on the property with a minimum of 48 hour notice to RocketOffr.

Closing Costs: Closing costs will be outlined on the final settlement statement and vary depending on the deal.

Additional Resources: We have a wide variety of connections where we can introduce you to. Lenders (if applicable), property management companies, insurance companies, and even contractors if you need as well.
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