Turnkey Properties
$194,900
Property Overview
- Property Type: SINGLE FAMILY HOME
- 3 Bed
- 1,118 Sqft
- 2 Bath
- 1 Garage
Additional Information
- Cap Rate: 7%
- Current Rent: $1,595
- Cash on Cash Return: 7%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays All Utilities
Sold
Renovations
Major updates completed:
– Garage Repairs
– Repair/Replace gutter and downspouts on garage
– Repair fascia on both sides of garage
– Tear off garage roof and replace
– Remove and replace all rotting wood framing and sill plates inside garage
– Replace conduit entering garage where wire is exposed
– Run 2 new outlets in garage
– Install new switch for light fixture
– Remove and replace damaged coil over head door
– Scrape and paint window on garage
– Garage floor painted epoxy gray with floor flakes
– Interior Paint Throughout
– New LVP in Kitchen
– New LVP on Steps and Landing to Basement
– New LVP on Rec Side of Basement
– New LVP in Both Bathrooms
– Refinish Hardwood Floors Throughout
Upstairs Bathroom Updates
– New Tile Tub Surround
– New Shower Faucet
– New Bathroom Sink Faucet
– New Mirror
Basement Bathroom Updates
– New Toilet
– New Vanity and Faucet
– New Mirror
– New Shower Enclosure With Door
– New Mailbox
– Paint Awnings
Pro Forma
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Property Management
Our property management division, RE/MAX Haven Property Management, manages a portfolio of thousands of properties in the Cleveland & Akron areas. We specialize providing a worry-free property management experience. With over 30 full time employees, we offer dedicated service departments for maintenance, city/utility liaison, tenant support and marketing.
Buying Options
Cash and most financing (including DSCR, SDIRA, etc.). Referrals for lenders available upon request.
$1,000 seller credit toward interest rate buy down.
