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Updated over 9 years ago,

User Stats

150
Posts
62
Votes
Jorge Garcia
  • Cleveland, OH
62
Votes |
150
Posts

Cleveland - (WEST) - Duplex! Excellent cash flow property! Proven money maker for past 3 years! Newly rehabed

Jorge Garcia
  • Cleveland, OH
Posted

investors dream property for sale! 7 bedroom 2 bath duplex!


This duplex was rehabbed 3 years ago by me which i'm a contractor and all is done right!  Home has new roof, new sewer main, new electrical panels!

Tenants are long term and this home is in highly sought rental area!

Buyer gets 1 year free of property management by my company and can renew at 10% the year after. I'm willing to offer the 1 year free management since the home I know is great and trouble free!

Breakdown:

Lower unit - 4 bedroom, 1 bath, 650.00 month
upper unit - 3 bedroom, 1 bath, 600.00 month

Total income -1,250 month
water bill - 80.00 month
taxes-30.00 per month
prop manage fee - free for 1 year

$1,140 profit! 
$39K and buyer pays all closing costs!I have a title co to do it for a discounted price. 216-287-1726
Offering

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