Parma, OH Cash Flowing Rental For Sale

[George Hoover]

If you want to add to your portfolio or jump-start your landlording business, this would be a good one.  Nice off-market cash-flowing rental available.  Tenant has been in for 2 years but the lease ends April 30, 2017.

Here are additional details:

• Sale price is $65,000
• Buyer's commission to agent is $1000
• There is 1 violation from the City of Parma and that is to fix 2 squares on the concrete driveway which will be about $600
• The tenant has been in there and paying on-time for 2 years @ $920/month and tenant pays all utilities and lawn care
• Rent estimates are about $950/mo.
• MLS comps say it is worth between $70k-$75k with the way Parma has been very popular. See the attached comp report
• I do not have pictures
• If you are from out of town, I will gladly assist you in coordinating an inspection and pictures
• Please do not disturb the tenant!

Let me know if you need any additional details.

Thanks,