Turnkey Properties
$189,900
Property Overview
- Property Type: SINGLE FAMILY HOME
- 4 Bed
- 1,320 Sqft
- 1 Bath
- 1 Garage
Additional Information
- Cap Rate: 7%
- Current Rent: $1,595
- Cash on Cash Return: 6.54%
- Current Status: Vacant
- Lease Term: -
- Utilities: Tenant Pays All Utilities
Sold
Renovations
Major updates completed:
– New roof on house and garage, including full tear-off
– New vinyl windows
– New HVAC – furnace & A/C
– Updated electrical system
– New breaker panel
– Updated 100 amp service
– Grounding
– Switches/outlets
– GFCIs
– Full exterior paint, including siding, trim, shutters, doors, porch, railings
– Tuckpointing on front steps
– Chimney cap install
– Bathroom remodel
– Tile surround
– Plumbing fixtures
– Vanity, faucet
– Medicine cabinet
– Light
– LVP flooring
– Fixtures
– Refinished hardwood flooring on second floor
– LVP flooring on first floor
– Kitchen renovations
– Granite countertops and backsplash
– Stainless steel sink, faucet
– Supply lines, drain
– Dishwasher
– Hardware, hood vent
– LVP flooring
– Landscaping
– Lock changes
– Railings
– Interior and exterior light fixtures
– Gutter replacement on garage
– Garage door opener
– Full interior paint
– Hardware, knobs, fixtures
– Smoke, CO detectors & thermostat
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.
