The property at 1617 Newman in Lakewood is available for purchase. It is listed for $47,000, and has already been bid up to $48,000 with 7 hours remaining to bid. We have previewed this property. We estimate less than $2000 in rehab to make it rent-ready. We see an After Repair Value in the $60,000 range or better.
Expected rent rate in this area is $800 to $950
Cash purchase required.
Remax Trinity would be pleased to help you acquire this property, and manage the property. Contact Bob Collett 216-650-6915