$134,500
6704 Guthrie , cleveland, OH 44102
Current Rent **
N/A
Projected Rent **
$1,400
Just Finished Complete Renovation, HUGE cap rate
We are looking to Offload this property QUICKLY due to having more pressing projects we've just aquired. This property is turn key and priced to sell.
Scope of work
Address: 6704 Guthrie Cleveland Oh 44102
Exterior:
● Siding is in good shape (repairs were made in a few spots where damaged)
● New vinyl windows
● Porch repairs
Interior of each unit:
● All Electrical updated in 2020
● Brand new furnaces in 2020
● Water heater is in good working order
● Some plumbing modifications made in 2020
● New kitchens installed
● New bathrooms installed, with tile floor and showers
● All new flooring in 2020
● Trim repairs and new paint
● All new light fixtures & outlets
● New blinds for windows
● Smoke detectors & CO detectors installed
Third party appraised the house for $200,000 in 2020, this attachment is located in the dropbox link below. (If link below does not direct you to the page, simply copy and past the text into a blank URL)
Third party market rent comps below:
https://www.rentometer.com/analysis/4-bed/6704-guthrie-avenue-cleveland-ohio-44102/xkQqM
3Oo60Q/quickview
All attachments and pictures. Click below:
https://www.dropbox.com/sh/g6ibsu3gq6q5i4g/AADIorq6JLN-UpR6_LYdUWRua?dl=0
Location:
6704 Guthrie , cleveland, OH 44102
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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