Property Highlights
- 2 Bedrooms / 1 Bathroom
- Approx. 880 sq. ft.
- Approx. 5,600-sq.-ft. lot
- Vacant
- Major interior renovation substantially completed
- LVP-style flooring installed throughout much of home
- Interior paint largely completed
- Kitchen cabinetry and countertops installed
- Roof reportedly updated
- Electrical reportedly updated
- Forced-air gas heat
- Full basement
- Rear deck
- Low annual property taxes — approximately $1,009
- No HOA
- Strong Cleveland rental-buyer pool
- Property being sold AS-IS
Remaining Work / Investor Scope
Estimated completion budget: approximately $15,000–$20,000, depending on buyer’s scope and contractor pricing.
Potential remaining items include:
- Window replacement
- Bathroom completion
- Interior trim and doors
- Fixtures / switch and outlet finish work
- Mechanical servicing and verification
- Basement cleanup/masonry evaluation
- Minor siding/exterior repairs
- Landscaping/cleanup
- Final punch-list work
Buyer must independently verify renovation scope and costs.
Rental / Value Analysis
Projected Rent: $1,050–$1,150/month
Working Rent: ~$1,100/month
Estimated Stabilized Value: approximately $105,000–$115,000, with potential upside depending on final renovation quality.
A nearby property at 3616 Independence Rd sold for approximately $110,000 and featured updated electrical, newer mechanical/roof components and updated flooring. Homes.com
Investor Deal Terms
Interested in this property? Call, text, or email Mark with Joint Venture Properties at 480-251-8684 or mark@jointventure-properties.com for the full photo package, walkthrough videos, access, and additional deal information.
Purchase Price: $79,900
Earnest Money Deposit: $500
Closing: On or before October 20, 2026
Financing: Cash / private money / hard money
Property Condition: AS-IS
Inspection: Buyer to complete all property inspections and due diligence prior to execution or during a very short agreed access period
Proof of Funds: Required with offer
Closing Company: Investor-friendly title/escrow company
Property Access: Available by appointment