586 Newell St, Painesville, OH 44077

Property Status: Available (Wholesale) | For Sale: $29,000.00


2 Bedrooms / 1 Baths / Single Family


Property Photos


Nice 2/1 cottage including extra lot for expansion. Renovation started, but has to be completed. Owner got sick and cannot finish the rehab himself.


Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $29,000.00
Property Details:
2 Bedrooms / 1 Baths / Single Family
Property Style:
Ranch
Year Built:
1920
Finished Sq Ft:
750
Basement:
Unfinished Basement
Owner / Agent:
Wholesale
Property Features:
Deck
Porch
Extra Lot included.
Contact Info
Address: 586 Newell St, Painesville, OH House: 2BR, 1 Bath, 750sft, basement Parcel #: 15 C022 0000 380 & 15 C022 0000 370 ARV: $59,750 (Including extra lot on the side) Repair Estimate: $12,000 Asking Price: $29,000 Taxes (1/2 year): $1,254.08 for Lot 380 and $133.80 for vacant Lot 370 Details: The current owner, who has been in the fix and flip business got sick and cannot complete the renovation he started. Water Heater, Furnace have been replaced recently. Roof is in good condition. A lot of dry-wall work, new doors and windows are already done. Much of the wiring is replaced and accessible from the basement. The kitchen needs some dry wall to be completed and cabinets, the bathroom had a new tub, but the rest is still gutted. Needs paint and flooring. Suggest to paint the outside (AL siding). A little repair work on the deck.

Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

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