Hot Deal1129 Maple Ave, Cleveland, OH 44102
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Beds
4
Baths
2
Sqft
1,780
Built
1922
About this deal
Classic Cleveland duplex-convertible in a strong Section 8 zone. Distressed seller, priced to move this week.
Structure
- Foundation
- Stone — minor tuckpointing needed
- Roof
- Shingle — 3 yrs remaining, budget replacement
- Occupancy
- Vacant
- Lot
- 0.11 ac
Systems
- HVAC
- Forced air, needs service
- Electrical
- 100 amp, knob-and-tube in attic
- Plumbing
- Mixed galv/PEX
Repair estimate
- Est. rehab budget
- $32,000
- Repair category
- Medium
- Timeline
- 6–8 wks
Deal economics
- Asking
- $58,000
- ARV
- $128,000
- Gross margin
- $38,000 (30%)
- All-in
- $90,000