Cleveland OH | FULL REHAB FLIP OR RENTAL | ASK 22k ARV 110k RENT 900

2 Beds / 1 Baths • 1,056 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1950
  • 1056
  • 16400
  • Attached Garage

Description

🏠 Assignment Opportunity – 16905 Hillsboro Road, Cleveland, OH 44112

Assignment Price: $22,000 + CC

Estimated ARV: $110,000

Potential Rent: ~$900/month

Exit Strategy: Flip or Rental

📍 Property Details

Address: 16905 Hillsboro Road, Cleveland, OH 44112

Type: Single Family Home

Year Built: 1950

Square Footage: 1,056 sq ft

Lot Size: 16,400 sq ft

Beds / Baths: 2 Bed / 1 Bath (previously 3 bed, can be reconverted)

Occupancy: Vacant

Parking: Attached Garage (converted to 4-car capacity)

🛠 Rehab Overview

Scope:

  • Flooring updates needed in kitchen
  • Optional conversion back to 3-bedroom layout for added value
  • General interior refresh and light cosmetic work
  • Structure and roof in good condition

Big Six:

  • Roof: Good condition
  • Foundation: No known issues
  • HVAC: No known issues
  • Electrical: No known issues
  • Plumbing:No known issues
  • Hot Water Heater: No known issues

📝 Property & Deal Notes

✅ Roof in solid shape

✅ Only flooring and cosmetic updates needed

✅ Originally 3 bedrooms — easy to convert back

✅ Expanded 4-car garage ideal for storage or resale value boost

✅ Great opportunity for a flip or rental in a growing Cleveland neighbourhood

📞 TEXT OR CALL BEVANS & BOMBICH LLC FOR A SHOWING TODAY: 737-399-2575

Property Sold As Is | EMD OF $2,500

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller granting this company exclusive rights to purchase the property. This company 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 attempt to renegotiate or communicate with the seller directly will result in legal action.

Estimated Spread

  • ARV $110,000
  • Price $22,000
  • Spread $88,000