Turnkey Properties
$160,000
Property Overview
- Property Type: SINGLE FAMILY HOME
- 3 Bed
- 1,100 Sqft
- 1.5 Bath
- 1 Garage
Additional Information
- Cap Rate: 7%
- Current Rent: $1,300
- Cash on Cash Return: 7%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays All
Sold
Renovations
Major updates underway:
– Full interior paint
-Updated electrical system
– Electrical panel upgrade
– New bonding/grounding
– New switches & outlets
– New interior & exterior light fixtures
-New vinyl plank flooring
-Kitchen renovation
– Restored cabinets
– New hardware
– Granite countertops
– New sink/faucet
– New plumbing & drain lines
– New faucets & supply lines
– New dishwasher
-Lock change and new hardware
-Bathroom renovation
– New flooring
– New vanity
– New faucet & plumbing
– New tiled shower surround
– New toilet, fixtures, etc.
-Half bathroom renovation
– New toilet
– New fixtures
– New vanity
– New faucet, hardware, etc
-Landscaping, including removal of shrubs, overgrowth, cleaning of beds
-New central air conditioning
-New boiler
-New hot water heater & valves
-New plumbing valves & laundry hookups
-New interior door knobs & repairs
-New smoke & CO detectors
-New roof on shed
-Repairs to soffits, gutters & downspouts
-New handrails
-Tuckpointing around exterior masonry
-New house numbers & mailbox
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 conventional financing. Referrals for lenders available upon request.
