Here are the terms..Sales Price $45,000 Comps at 60KDown payment of 20% = $9,000 (may be negotiable)Mortgage Payment amount approx: $495.90 (Rents go up $725 for the 3 bd alone!) There is still the 1 bd! to rent out @ up to $500 month)Term: 10 years no balloonInstant Equity! Light fixer...This Multi-Family located at 7807 Eve Avenue, Cleveland OH 44102. Property has 4 beds, 2 baths, and approximately 1,720 square feet. But can be split to 3BD house down stairs with 1 bdrm Apt with own entrance upstairs. This property has been rehabed with only a few light repairs remaining. (Approx $500) Upstairs wiring needs to be run to electric box in basement. To convert upstairs to Apt, Baseboard heater needs to be installed if property to be used as a 2 family. Front gate needs to replaced.The property has a lot size of 4,410 sqft and was built in 1908. The average listing price for similar homes for sale is $47,528 and the average sales price for similar recently sold homes is $61,667. 7807 Eve Ave is in the Detroit-Shoreway neighborhood in Cleveland, OH. The average price per square foot for homes for sale in Detroit-Shoreway is $61. This is the largest house in the neighborhood. Asking $45,000. Good cash flow opportunity!SmartZip$55,200 Est.$46,920 Low$63,480 HighEppraisal$61,544 Est.$52,312 Low$70,776 High
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