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Updated about 8 years ago,
West Cleveland cash cow! / Newly rehabbed / 23% ROI / 49,000
This Duplex has been fully rehabbed by me which i'm a veteran contractor / builder and I do it all the right way! I have over 30 years experience doing this in this field! I own over 30 of these duplexes in this general area and this is by far the best area to invest in for the money! You will never get this return anywhere else! Also we will manage your property for 10% of gross rents and one thing a buyer for these properties needs is an experienced property manager, we do it all for you!
2 family
3263 Fulton Rd
Cleveland, Ohio 44109
Lower unit rent - 625.00
Upper unit - 625.00
water & sewer - 75.00 month - owner expense
Taxes - 90.00 month - owner expense
10% manage fee - 120.00 - manage fee
owner profit - 915.00 per month
22% cap rate!
$49,000