Discounted Cleveland Duplex

Bradley County, Cleveland, TN, 37311
Sold
Listed at: September 24th, 2020
Price
$49,000
ARV
$150,000
Gross Margin
$101,000
Sq. Footage
960
Type
Multifamily
Parking
Detached Garage
Year build
1950
Lot size
1.00 acres
Bedrooms
5
Bathrooms
2
Half Bathrooms
0
Summary

Investors take a look at this opportunity!


We all know duplexes are what everyone is looking for these day. The advantage is that you get 2 rental incomes under 1 roof! So check out the details on this one and then give us a call asap!


Roughly 2,200 sq ft


Main Level: 3 bedrooms & 1 bathroom. Bonus room in the attic that can be a 4th bedroom! Structurally very solid but there was a water leak at some point and the ceiling will need some new drywall. The kitchen cabinets are plywood and can most likely be sanded down and saved! There are hardwood floors throughout that can be sanded to bring back some of the original charm!

Lower Level: 2 bedrooms & 1 bath. Concrete slab floor. Possibly you could Dave the cabinets. The entrance to this unit is at the end of the driveway under the carport. There is also a separate laundry & utility room.

Behind the home is a free standing garage and the back yard is fenced

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
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Cleveland Duplex Fixer-Upper

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Olds

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Disposition manager