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PROPERTIES FOR SALE

We are not the biggest but we are the best in providing rehabbed, rented, and cash-flowing investment properties from day 1 of your purchase into your portfolio.

$64,900

3893 E 57th St, Cleveland, OH 44105

$15,738 annual income CAP of 24%

Large 4-unit building with 2 bedrooms in each unit. Updated units with newer carpet, paint, breaker boxes, newer plumbing, and vinyl windows. Each unit is set up nearly the same with separate utilities, 2 bedrooms, a living room, a bathroom, and a kitchen. Currently filling units with section 8 tenants to provide steady reliable monthly income. Very easy to rent area. Don’t miss this great money-maker!

  • ANNUAL RENT

  • ANNUAL TAXES

  • ANNUAL MANAGEMENT

  • ANNUAL INSURANCE

  • ANNUAL WATER/SEWER

$22,800

$2182

$2280

$800

$1800

$34,500

3990 E 58th St, Cleveland, OH 44105

$5,936 annual cash on cash return 18%

This brick 2-unit building located in the Collinwood area has many updates including a newer rubber roof, plumbing breaker panels, wiring, and recent interior updates.  The up unit features a living room, dining room large kitchen, and 2 to 3 bedrooms, down is a converted storefront into a 2-bedroom apartment. The up unit is currently rented for $450 and the down unit for $375, both units are below market rents and could be increased.  Great deal for income-producing property with plenty of equity.  Comp are $40k and up.  This is a great start for your 2016 portfolio.

  • ANNUAL RENT

  • ANNUAL TAXES

  • ANNUAL MANAGEMENT

  • ANNUAL INSURANCE

  • ANNUAL WATER/SEWER

$9,600

$1004

$960

$700

$1000

$25,000

780 London Rd, Cleveland, OH 44110

$6,625 annual CAP of 26.5%

Great income and equity are built-in on this well-kept 2-family home.  The house has updated vinyl windows throughout, a newer roof, updated breaker boxes, newer water tanks, and best of all two long-term tenants with a very good payment history.  Each unit brings in below-market rents of $400 per month.  The market for this area with 2-bedroom units of this size ranges in the $500-$550 range. There’s plenty of room to increase your ROI and plenty of equity built into this property to really turn this into a huge cash flow machine.  Don’t miss this great money-maker!

  • ANNUAL RENT

  • ANNUAL TAXES

  • ANNUAL MANAGEMENT

  • ANNUAL INSURANCE

  • ANNUAL WATER/SEWER

$9,900

$685

$990

$700

$900

COMPARABLE HOMES

911 Royal Rd

$47,900

Sold: 6/11/15

1987 Evangeline Rd

$56,000

Sold: 6/22/15

957 Reyburn Rd

$47,000

Sold: 8/10/15

1835 Reyburn Rd $49,000

Sold: 9/11/15

$34,900

8224 Bancroft Ave, Cleveland, OH 44105

$5,936 annual cash on cash return 17%

Beautiful all-brick home with lots of updates. Located right on the Cleveland/Garfield Heights borders. Newer roof, windows, Furnace, glass block, refinished hardwood floors, new carpet and freshly painted throughout. There are 3 bedrooms 1 bath living room and dining room. Currently placing Section 8 tenant. Rent should be in the $750 range.

  • ANNUAL RENT                     

  • ANNUAL TAXES

  • ANNUAL MANAGEMENT

  • ANNUAL INSURANCE

  • ANNUAL WATER/SEWER

$9,000

$760

$900

$600

$1000

Need more details?

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