Turnkey Properties
$179,900
Property Overview
- Property Type: 2-FAMILY HOME
- Dn: 3 Bed 1 Bath
- 2,552 Total Sqft
- Up: 2 Bed 1 Bath
- 1 Garage
Additional Information
- Cap Rate: 8%
- Current Rent: $750
- Cash on Cash Return: 10%
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Current Status: DN Unit: Occupied
UP Unit: Vacant
- Lease Term: 01/11/2024
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Utilities: Tenant Pays Gas & Electric
Tenant Pays Gas & Electric
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Renovations
– Exterior
– New paint on all wood items
– New mailboxes
– New framing around garage man door
– UP Unit
– New outlet and switch covers
– Refinished hardwood floors
– New kitchen light fixture
– New porch flooring and repair of soffit
– New LVP flooring in kitchen
– New electric wiring for kitchen
– 2 brand new outlets in kitchen
– Kitchen sink professionally glazed
– New carpet on stairs and 3rd floor
– New common area light fixtures
– New light fixtures on 3rd floor
– New HWT for both units
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.
