720 Paulus Dr

    Kent, OH 44240
    • $178,900
    • STATUS: Contingent
    • ON SITE: 81 days
    • MLS #: 4014066
    Under Contract
    UPDATED: 63 min ago
    $178,900
    • 6
      BEDS
    • 1.1
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    • 2,400
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2017 NEOHREX MLS.

    Description

    What a pleasure to show Neat and clean side by side (townhouse style) two family home on over an acre of land. Great rental history and reconditioned a few years ago. Good cash flow. Cap rate over 10% and a Return on Investment of almost 19% using a 25% down payment.... With the condition, location and return, this is a no brainer. One unit open for showings or to make owner occupied and live for almost free. What a pleasure to show. Both units are nicely improved with newer kitchens, floor coverings, bath rooms and paint. Large balconies off living room looking into wildlife area. Walk to the Cuyahoga River and downtown Kent with a short 5 minute walk. Each unit has three bedrooms, 1 full bathroom, 2 half bathrooms, living room, dining area and kitchen. One car garage and basement for each.

    Monthly Payment Calculator

    Listing information © 2018 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 2018-09-22T22:08:05.207.
    www.clevelandhomefinder.com/homes/85226038

    720 Paulus Dr Kent, OH 44240

    • Price: $178,900
    • Status: Contingent
    • Updated: 63 min ago
    • MLS #: 4014066
    6
    Beds
    2
    Baths
    2
    ½ Baths
    1.1
    Acres
    2,400
    SQFT
    $75
    $/SQFT
    1978
    Built
    Neighborhood:
    Kent
    County:
    Portage
    Area:
    Kent
    School District:
    Kent CSD
    Property Description
    What a pleasure to show Neat and clean side by side (townhouse style) two family home on over an acre of land. Great rental history and reconditioned a few years ago. Good cash flow. Cap rate over 10% and a Return on Investment of almost 19% using a 25% down payment.... With the condition, location and return, this is a no brainer. One unit open for showings or to make owner occupied and live for almost free. What a pleasure to show. Both units are nicely improved with newer kitchens, floor coverings, bath rooms and paint. Large balconies off living room looking into wildlife area. Walk to the Cuyahoga River and downtown Kent with a short 5 minute walk. Each unit has three bedrooms, 1 full bathroom, 2 half bathrooms, living room, dining area and kitchen. One car garage and basement for each.
    Exterior Features

    Driveway Unpaved Exterior Vinyl Garage Features Access From UnitAttachedElectric House Faces North Lot Description Wooded/Treed Roof Asphalt/Fiberglass

    Interior Features

    Appliances Equipment Co DetectorDishwasherOvenRangeRefrigeratorSmoke Detector Basement Yes Basement Detail Full Cooling Type None Heating Fuel Gas Heating Type Forced Air Total Rooms 12

    Property Features

    Annual Taxes 3089 Assessments No Association Akron Cleveland Association Of Realtorsã‚® Auction No Disability Features No Fixer Upper No Gross Income 28625.00 Homestead Exemption No Lot Size Source Auditors Website Multifamily Type Two Net Income 18319.00 Operational Expenses 10306.00 Short Sale No Township Kent City Water Sewer Public WaterPublic Sewer Year Built Exception Actual Ybt

    Listing information © 2018 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2018 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 2018-09-22T22:08:05.207.
     
    Howard Hanna
    8396 Mentor Ave.
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    Listing courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2017 NEOHREX MLS.