5 bedroom house for sale

Overview

Updates include new furnaces, new hot water tanks, new carpet, paint, trim and a new roof, making all your big capx items already completely

Located near the Agora and Cleveland Clinic main campus, This property is ready for tenants of your choosing. Cash flow is strong with market rents at or above $1800/mo total. previously rented at $850 and $800. The upstairs unit is 2 stories with 4 bedrooms and 1 bath. The lower unit has private access to the basement which makes both units feel like a townhome style. Updates include new furnaces, new hot water tanks, new carpet, paint, trim and a new roof, making all your big capx items already completely. Current taxes are only $769/ year! Assuming 8% property management, 5% maintenance and $700/year in insurance, your estimated NET income is over $15k/year offering the buyer a 17% cap rate. If you're looking for cash flow- this is it. Seller also has another duplex for sale and Will offer package pricing! Showings after submitted offer with supporting pof only. For more details and to contact: https://realtyww.info/homes_cleveland-d523589/for-sale_i71542935

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