Cleveland West Side Cash cows! I have 2 investment properties for sale! Fully rehabbed by me which i'm a 30 year experienced builder! All new plumbing, new electrical, updated heating and we offer excellent in house management at 10% gross rents.
These two properties are turn key with tenants paying.
My properties are located in West Cleveland only which is by far the best ROI you will get in Ohio. I have been in this business here for many years and it works best in this area. These homes yield a 23% cap rate after expenses! You won't get that anywhere else! Below is the property info, any question just let me know, priced for a quick sale!
property info below:
2 - Family
9720 Denison Ave
Cleveland, Ohio 44109
Lower unit rent - 600.00
upper unit rent - 650.00
Total rents - 1,250
Water & sewer - 75.00 month - Owner expense
Taxes - 85.00 month - owner expense
10% manage fee - 125.00 - owner expense
owner profit - 965.00 per month
23% cap rate!
$50,000
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2 family
3263 Fulton Rd
Cleveland, Ohio 44109
Lower unit rent - 600.00
Upper unit - 600.00
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