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Updated over 6 years ago,
Central Cleveland Duplex over 20% CAP
Duplex that is being sold AS-IS with great potential. This is not for a novice investor, this area requires good active property management and an investor who knows what she/he is doing. I am not trying to scare anyone but I want to be honest and completely open as this community has given me a lot of insight and I want to be fair and not mislead anyone. It is not East Cleveland, not even close to being as bad, but it is a D area that needs some love. High tenant demand in that area due to low cost of rent. Both units need work; estimated 2-3k each to make it rent ready. I am open to selling this via land contract with a significant down payment and if your lawyer prepares the contracts for my lawyer to review.