Turnkey Properties
$280,000
Property Overview
- Property Type: 4-FAMILY HOME
- 2 Bed
- 3,616 Sqft
- 1 Bath Each
- 1 Garage
Additional Information
- Cap Rate: 8%
- Current Rent: $3,018
- Cash on Cash Return: 7%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays Gas & Electric
Sold
Renovations
Major Renovations:
– Replacement vinyl windows
– Updated electrical
– Updated plumbing
– Some gas line repairs
– Some interior repairs to Unit 2
– Rear staircase rebuilt in last few years
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.
