βœ¨πŸ“ˆ Off Market 3 Bedroom SFH πŸ“ˆβœ¨ in Sheffield Lake, OH

Lorain County, Sheffield Lake, OH, 44054
Sold
Listed at: April 17th, 2023
Price
$129,900
ARV
$224,000
Gross Margin
$94,100
Sq. Footage
1508
Type
Single-Family
Parking
Driveway
Year build
1954
Lot size
0.18 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

πŸ“Œ Address: 4870 Northwood Dr. Sheffield Lake, OH, 44054


PLEASE READ:

  • No wholesalers or daisy chains
  • Verbal offer required to inspect
  • POF required to inspect
  • Cash offers only
  • Terms below are non-negotiable


🏠 Single-Family Residential

πŸ›Œ 3 beds

πŸ›€ 1.5 bath

✨ 1,505 sq ft

🧱 Built: 1954

πŸ‘¨β€πŸ‘©β€πŸ‘§ Current Occupancy: Owner Occupied

πŸ‘©β€πŸ‘§β€πŸ‘¦ Occupancy at Close: Vacant

πŸ’Έ Ask Price: $129,900

πŸ’£ Market Rent: $2,000 +

πŸ”¨ Repairs: $20,000 - $30,000 depending on exit strategy

 

🌟 More Info 🌟

  • Brand new tub and toilet is 2 years old
  • Plumbing is updated and it is in good-excellent condition
  • HWH: 2 years old
  • Kitchen Cabinets: Newly painted last summer
  • Kitchen Countertops: Laminated and in good condition
  • Windows: Has a lifetime warranty and 16 windows got replaced 15 years ago
  • Roof: 7 years old
  • Siding: Aluminum and may need to be replaced


❗❗❗ Please Note: The below terms are NON-NEGOTIABLE. Bowen Capital is a professional disposition company that will enforce the below terms and conditions. If they do not work for you or your company, please do not offer on this deal and move on!

  • $5,000 Non-Refundable EMD to be wired to our preferred title company/atty within 24 hours of signing the assignment/PSA. 
  • Buyer to pay all closing costs, seller to pay prorated taxes and transfer prorated rent/security deposit if applicable
  • All offers must be cash, hard money, or private money.
  • Closing to be with Bowen’s Preferred Attorney
  • Wholesalers / Agents are not to market this deal without Bowen’s permission.
  • At this time we are not open to JV’ing this property
  • Agents please add your commission ON TOP of our asking price.
  • DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving Bowen Capital exclusive rights to purchase the property. Bowen Capital does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.


If interested in this deal, please call or text Ryan Brown:


Director of Dispositions

Ryan Brown

(856) 723-4501

ryan@bowencapitalhomes.com


Need Lending for this deal? Use our Preferred Hard Money Lender out of SC. They can lend in most states for your Flips and Rentals! 


Hard Money Lender - Kent Liggitt

(803) 315-1074

15 State Street

Charleston, SC 29401 

http://www.coastalequitygroup.com


Application link: Hard Money Loan Application | Coastal Equity Group

Inquiry link: Contact Us Today! | Coastal Equity Group


Tell Kent Bowen Capital sent you!





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

Chris Prophater

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Disposition manager