Turnkey Properties
$83,900
Property Overview
- Property Type: SINGLE FAMILY HOME
- 1 Bed
- 664 Sqft Each
- 1 Bath
- 1 Garage
Additional Information
- Cap Rate: 11%
- Current Rent: $995
- Cash on Cash Return: 18%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays All Utilities
Sold
Renovations
2023
– New carpeting (bedroom)
– General rent-ready minor repairs, landscaping, and updating (including paint)
2020
– New laminate flooring (living areas)
– Partial sidewalk replacement
2018/2019
– Major interior renovations
   – Removal of old wall paper
   – Extensive wall & door repairs
   – Plumbing repairs
   – Cabinet Repairs
   – Bathroom fixture replacements
– New 100amp electrical service panel installed
– Storm sewer line replaced
– New hot water tank
Prior to 2018
– Vinyl siding
– Vinyl windows + glass block basement windows
– Dimensional shingle roof
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.
