2027 N Cleveland Street

The property is now vacant and back on the market! Video available! This is the perfect property for a first-time home buyer looking to utilize an FHA 203k loan to get instant sweat equity and live in a renovated house, or a first-time investor looking to step into low low-stakes project. The property needs full cosmetic renovation, maybe a utility upgrade. The old carpet is ripped out. It would need a new kitchen, flooring, and paint ( drywall is minimally damaged). Bathrooms can be renovated without ripping things apart, but you'd need toilets, tile, and cabinets. The house previously was rented for $1100/mo with old renovations, but with upgrades, it can definitely be in the $1300-1400 range. There are not many 2 bed/2 bath stand-alone houses that are affordable so this can be it! Contractors and leasing/property managers are on standby to help with renovations and placing a tenant if needed.