1747 E 70th Street
Cleveland,
OH
44103
Property Details
List Price: |
$88,000 |
Beds: |
5 |
Baths: |
2 |
Status: |
Active |
SqFt: |
-- |
Agency: |
Keller Williams Citywide |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1900 |
Notes: |
Located near the Agora and Cleveland Clinic main campus, This property is ready for tenants of your choosing. Cash flow is strong with market rents at or above $1800/mo total. previously rented at $850 & $800. The upstairs unit is 2 stories with 4 bedrooms and 1 bath. The lower unit has private access to the basement which makes both units feel like a townhome style. Updates include new furnaces, new hot water tanks, new carpet, paint, trim and a new roof, making all your big capx items already completely. Current taxes are only $769/ year! Assuming 8% property management, 5% maintenance and $700/year in insurance, your estimated NET income is over $15k/year offering the buyer a 17% cap rate. If you're looking for cash flow- this is it. Seller also has another duplex for sale & Will offer package pricing! Showings after submitted offer with supporting pof only. |
MlsNumber: |
4506583 |
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Listing Provided By: |
Keller Williams Citywide, original listing |
Name: |
Keller Williams Citywide |
Phone: |
(440) 892-2211 |
Office Name: |
Keller Williams Citywide |
Office Phone: |
(440) 892-2211 |
Agent Name: |
Gregory Erlanger |
Disclaimer: |
Copyright © 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |