Turnkey Properties
$125,000
Property Overview
- Property Type: SINGLE FAMILY HOME
- 3 Bed
- 1,346 Sqft
- 1 Bath
- 1 Garage
Additional Information
- Cap Rate: 9%
- Current Rent: $1,250
- Cash on Cash Return: 11%
- Current Status: Tenant Occupied
- Lease Term: 06/30/2024
- Utilities: Tenant Pays All Utilities
Sold
Renovations
Major Renovations:
– Full Patch & Paint
– New Furnace (To Be Installed)
– New Hot Water Tank
– New Garage Roof, Gutters & Downspouts
– New Vinyl Windows
– Refinished Hardwood Floors
  – Sanded, Stained & Poly
– New 100 Amp Electrical Panel
– New Door Hardware
– New Outlets & Switches
– Updated Bathroom
  – Tile Tub Surround
  – New Tub
  – LVP Flooring & Subfloor
  – New Vanity & Sink
– New Plumbing Line in Bath & Kitchen
– New LVP Flooring in Kitchen
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.
