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00000 Street Name,
Eastlake, Ohio, 44095

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Eastlake, Ohio, 44095

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Sold
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00000 Street Name,
Eastlake, Ohio, 44095

Locked Content

or

Eastlake, Ohio, 44095
  • Asking price$49,900
  • Property TypeOther
  • Showing dateNot set yet
Property Sold - Contact Us
    • Bedrooms
      3
    • Bathrooms
      1.5
    • sqft
      -

Property details

A Great Investment Opportunity in Eastlake, OH

Property Details

A classic single-family house featuring 3 bedrooms, 1 bathroom, and 999 sqft of living space on a 11,169 sqft lot with a detached 360 sqft garage.
• Roof: Replacement needed
• Furnace: Not specified
• AC: Not specified
• Plumbing: Not specified
• Electrical Panel: Not specified
• Water Heater: Not specified

The property will be delivered vacant at closing.

Investment Highlights
• Exceptional 11,169 sqft lot—over twice the standard size, providing significant development potential and outdoor space
• Prime lakefront area location near the shore and airport with strong short-term rental potential at $230/night
• Very competitive market with 44.5% of sales closing above list price and modest 5.9% year-over-year appreciation
• Strong rental demand with estimated $1,550/month long-term rental income or $1,077/month net income as Airbnb
• Single-story bungalow with solid 1943 construction—desirable flip-friendly layout with 3-bed/1-bath configuration
• Fast-moving market with average 33 days on market and recent comparable sales up to $198k (January 2025)
• Full unfinished basement (240 sqft) offers expansion potential for additional living space or storage
• Detailed scope of work ($78,600) includes foundation waterproofing, complete kitchen and bathroom installations, new flooring, roofing replacement, and interior updates

Financial Summary
• ARV (After Repair Value): $160,000 - $170,000

A Wonderful Wholesale Opportunity!
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  • Year Built: 1943
  • Above Ground Area: -
  • Bedrooms: 3
  • Bathrooms: 1.5
  • Basement: Full Basement, Finished Basement
  • Garage: Detached Garage

This is an assignable contract for sale. All properties are sold As-Is for cash or hard money, which shall be verified by Seller. Minimum of $5,000 or a 3% of the sale price, which ever is higher, non-refundable earnest deposit is required along with a 21 day or less closing period. Opinions of value / rents / repairs are given as a courtesy and no guarantees are expressed or implied. All properties subject to errors, omissions, deletions, additions, cancellation. All properties sold in as-is conditions, where is with absolutely no warranty, no disclosure and no representations written or oral. Buyer is to do their own independent inspections and due diligence. Property will not be considered under contract until signed contract and earnest money is received, with all contingencies removed.

Location

Eastlake, Ohio 44095

Eastlake, Ohio 44095

Buying Process

We've simplified the buying process so you can focus on what matters: growing your portfolio or securing your very first property.

Here's how we work together to get you the keys.

  1. We Scout the Best Deals: Our team constantly uncovers discounted properties and secures them under contract so you don't have to.
  2. Explore Your Options: Visit 7minuteshousedeals to browse property specs, high-res photos, and walk-through videos of our latest finds.
  3. See It for Yourself: Spot something you like? Book a showing through the site, and we'll send you a personalized viewing time.
  4. Share Your Thoughts: After the tour, let us know your feedback. We're here to answer any questions you have.
  5. Easy Paperwork: Ready to move forward? Just say the word, and we'll send over our straightforward contract.
  6. Secure the Deal: Once your offer is accepted, you'll have 24 hours to deposit the Earnest Money Deposit (EMD) to lock it in.
  7. Support to the Finish Line: Our dedicated transaction coordinator will stay by your side, guiding you through every step toward closing.
  8. Welcome Home: Once the title is clear and the docs are signed, the property is officially yours. Congratulations!

Frequently Asked Questions

Notify us as soon as possible. Wholesale properties often move quickly, so responding quickly ensures you have a better chance of securing the deal.

Absolutely. Due to the delicate nature of the situation, we typically allow one walk-through before making an offer. This one-hour visit is intended to confirm the property's condition, as all key details are already provided in the marketing materials.

Simply head over to our Contact Us page and send us an email or give us a call. The telephone tends to be the quickest way to reach out to us. Once you connect with us and you want to purchase the property, we will send you our contract with all the details you need to know, including our title company, Earnest Money amount, and closing date.

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