Description
4 unit apartment building available. Investors take notice 4 unit apartment buildings bring you the best of both worlds. They provide you the maximum amount of rent while allowing you to still utilize a 30 year residential loan. This building is a cash cow. All units are 2 beds & 1 bath. Rents are as follows $596, $690, $650 & $635. Total rent = $2,571/mo. Annual property taxes are $1,973.48. Building features a newer rubber roof, new windows throughout, updated plumbing, updated electrical, hardwood floors throughout. It's in Cleveland proper so no obnoxious point of sale report (POS) like they have in some of the Cleveland area suburbs. The tenants pay gas & electric while the owner pays water & sewer. Corner lot that is large enough to build another building on. Professional property management available. Email agent for video tour and investment analysis. Do not disturb tenants.
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8BEDS
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0.1ACRES
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4BATHS
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01/2 BATHS
Listing information © 2017 NEOHREX MLS.
Description
4 unit apartment building available. Investors take notice 4 unit apartment buildings bring you the best of both worlds. They provide you the maximum amount of rent while allowing you to still utilize a 30 year residential loan. This building is a cash cow. All units are 2 beds & 1 bath. Rents are as follows $596, $690, $650 & $635. Total rent = $2,571/mo. Annual property taxes are $1,973.48. Building features a newer rubber roof, new windows throughout, updated plumbing, updated electrical, hardwood floors throughout. It's in Cleveland proper so no obnoxious point of sale report (POS) like they have in some of the Cleveland area suburbs. The tenants pay gas & electric while the owner pays water & sewer. Corner lot that is large enough to build another building on. Professional property management available. Email agent for video tour and investment analysis. Do not disturb tenants.
Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-07-19T07:07:55.11.