Turnkey Properties
$140,000
Property Overview
- Property Type: SINGLE FAMILY HOME
- 3 Bed
- 1,200 Sqft
- 1 Bath
- 1 Garage
Additional Information
- Cap Rate: 8%
- Current Rent: $1,250
- Cash on Cash Return: 9%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays All Utilities
Sold
Renovations
Major updates completed:
– Professional landscaping
– New paint throughout entire interior
– New LVP in kitchen
– New LVP in bathroom
– Refinished hardwood floors throughout home
– New granite countertops
– Cabinet pulls all replaced
– New fixtures in kitchen (faucet, dishwasher, range hood)
– New tile tub surround
– New shower faucet
– Bathtub has been reglazed
– New bathroom vanity and faucet
– New mirror in bathroom
– All switches and outlets have been replaced throughout home
– GFCI outlets installed where needed
– New LED light fixtures throughout home
– Thermostat has been upgraded to a digital set
– New hot water tank
– New laundry tub and faucetÂ
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.
