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Updated over 6 years ago,

User Stats

109
Posts
75
Votes
Henry LiChi
  • Developer
  • Long Beach, CA
75
Votes |
109
Posts

Central Cleveland Duplex over 20% CAP

Henry LiChi
  • Developer
  • Long Beach, CA
Posted

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.  

Offering

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