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Updated about 6 years ago,

User Stats

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

Cleveland west side 5 unit multi family! 2,500 income!

Jorge Garcia
  • Cleveland, OH
Posted

5 unit rental property on Clevelands west side! The property consists of 2 buildings on same parcel, front building has 3 apartment units and rear building has 2 apartment units. 

The rear property just underwent a 25K update of electrical, heating, plumbing, flooring and basically fully rehabbed.

The front property also underwent a rehab 2 years ago.

Can send you P&L statements upon request.

All units are rented except for one which the tenant moved out due to lease expiration, in process of being re rented.

We can show the property with 48 hours advance notice with proof of funds, must bring inspector at the that time.

CASH DEAL! 75K OBO

MUST CLOSE WITHIN 20 DAYS!

Unit 1 - 500.00

unit 2 - 450.00

unit 3 - 500.00

unit 4 - 525.00

unit 5 - 525.00

Expenses - 

water - 225.00 month

taxes - 112.00 per month

insurance - 120.00 month

management - 250.00 per month

$707.00 per month - expenses

Profit estimated - $1,793 month

Offering

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