November 13th Real Estate Deals 4 NEW DEALS

 

2007 Natchez Ave, Cleveland, OH 44109

 

SEASONED INVESTOR, THIS ONE IS FOR YOU! This fully occupied duplex located in the heart of Old Brooklyn is ready for the next investor to come and bring this gem to life. Each unit boasts an oversized living and dining area with cute built-in storage benches and cabinets, a good size kitchen, 2 generous bedrooms and 1 bath each. There is a foundation issue that can be discussed further with interested buyers. Tenants that are in place are long term and would like to stay. Current CAP rate is 4.1%, but should be a 9.4% with rent increases. Don't let this CASH COW sneak away.

 

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Here are the numbers  

Rent $1700 Tax $167 Insurance $150 Property Management $170 Net  $1213 Rehab $30,000

Asking $139,500 Worth $145,000 Offer $110,000

 3098 W 101st St, Cleveland, OH 44111

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Here are the numbers  

Rent $1900 Tax $90 Insurance $150 Property Management $190 Net  $1468 Rehab $20,000

Asking $158,000 Worth $155,000 Offer $125,000

 17609 Glenshire, Cleveland, OH 44135

 

 

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Here are the numbers  

Rent $1250 Tax $221 Insurance $60 Property Management $125 Net  $944 Rehab $18,500

Asking $119,500 Worth $135,000 Offer $90,000

 

Newly renovated Large Bungalow Home with a two car garage and partially finished basement. Two spacious bedrooms, fresh new landscape, remodeled bathroom (2023), fresh paint throughout (2023), new carpet and new life proof laminate flooring (2023), front and back deck (2021), Newer roof (2021), Newer siding (2021), waterproofed basement (2021), new water tank (2023), new furnace (2023) and much more. Conveniently located near 71 and 480, shopping and restaurants. All the hard work has been done; sit back and enjoy. Great portfolio builder too. This won't last!! 1 YEAR Home warranty included! 

 

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Here are the numbers  

Rent $1250 Tax $107 Insurance $60 Property Management $125 Net  $958 Rehab $10,000

Asking $124,000 Worth $132,900 Offer $115,000