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3736 E 153rd St, Cleveland, Ohio 44120

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Selling Price: $55,000.00
  • Zestimate®: $73,318.00
  • Repaired Value: $65,000.00
Details
  • Bedrooms: 6
  • Bathrooms: 2
  • Parking: 2 - Garage
  • Type: Multi Family
  • Living Area: 2646.0 ft²
  • Construction: Frame
  • Lot Size: 5318.0 ft²
  • HOA/Maint: 0
Description

Landlords & Investors:

We have the perfect multi-unit rental with equity in Cleveland, Ohio in inventory and want to move it fast!

It’s a 6/2 with approximately 2,646/sf.

Perfect time of the year to buy and cashflow on this rental property.

Location: Cleveland, Ohio (PLEASE DO NOT DISTURB TENANTS)

Your Price: $55,000
Estimated Market Value (MLS): $65,000(+/-)
Approximate Equity: $10k (+/-)
9.4% Cap Rate
$1,150 Monthly Cashflow

Currently Rented: $1150/month! ($13,800/yearly rent back to you!)

6 Bedroom
2 Bathroom
2 Car Garage

Total Sq Ft: 7,964
Built in 1927

NOTE: If we have not worked with you in the past, please simply provide us with current month Proof of Funds.

The buyer will get a nice rental property with $10k+/- in equity!

Please Call Mark Van Dyke to set-up an appointment to discuss this deal.

Mark Van Dyke
Wholesale Real Estate (USA)
24/7 Hotline: 1-888-800-5711
email: mark@sellhousefastusa.com

NOTE: The contractor failed to pull proper permits so the house needs to be completely inspected & the building permit needs to be pulled. The permit process is already started. Buyer to complete the permit and inspection process. The only existing repairs is outside of the house which is the back porch. The contractor has material to start the repairs of the back porch on Saturday May 13th, 2017 which will take 4 days to complete. The contractor already has been paid for this work. All plumbing, hvac & electrical are in place & up to city code. Both tenants pay $575 each unit per month. Tenants are paying Electricity & Gas. Owner is responsible for Water & Sewerage. Tenants are on one year lease. Lease automatically renews if no 30 day notice is written at end of lease. Both leases started in the middle of March 2017. Property is fully rehabbed and Buyer doesn’t need to spend more in repairs.

Features
  • Attic
  • Balcony, Deck or Patio
  • Basement
  • Bonus/Rec room
  • Central heat
  • Dining room
  • Dishwasher
  • Family room
  • Fireplace
  • Garage parking
  • Hardwood
  • Living room
  • Refrigerator
  • Stove/Oven
  • Tile floor
  • Yard
Contact
Mark Van Dyke markvandyke@mac.com
Phone: 888-800-5711, Fax: 888-800-5711