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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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Ohio City QUAD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Opportunity knocks!!

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted Jan 13 2018, 14:43
FOR SALE

3020 Monroe
Cleveland, Ohio. 44113

$149,000



QUAD in Cleveland's TOP urban neighborhood - Ohio City! This revitalized historic neighborhood is attracting waves of residents who have found it to be the perfect place to live, work, and play in the Cleveland area. The neighborhood features historic landmarks, renowned dining destinations, and a very close proximity to downtown Cleveland as well as other gentrifying neighborhoods.

There is no better place in Cleveland to achieve both cash flow and appreciation than Ohio City with a rare 4 unit property. The bulk of real estate development in this area is led by single family new construction over $300k and large scale commercial apartments. This is driving demand for rehabbed multi-family for tenants who are not in the market for a $300k single family home or dislike apartment buildings but still covet the Ohio City lifestyle.

Take a look at the two videos below to see what Holton-Wise Co-Founder James Wise thinks about these types of neighborhoods.
Make tons of money investing in Cleveland, Ohio;1431 W 54th
Cleveland Investment Property FOR SALE; 9315 Clifton Blvd.
3020 Monroe HIGHLIGHTS:
  • All tenants long-term (10+ years)
  • All tenants on month-to-month leases
    Current Rent Roll:
    2 Bed 1 bath - $350/month
    Market rent $925/month.
    1 Bed 1 bath - $370/month
    Market rent $850/month
    1 Bed 1 Bath - $300/month
    Market rent $850/month
    2 bed 2 bath - Vacant
    Market rent $950/month
  • Inspection report available upon request
  • You'll need to spend roughly $80k-$100k
  • 4 Car Garage (Rare for the area)
  • Hardwood floors
  • 3 Covered Porches
  • No owner financing
  • Owner pays water & sewer
  • Tenants pay gas & electric
  • Annual property taxes $862
CLICK HERE FOR MORE INFORMATION
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Copyright © 2018 The Holton-Wise Property Group, All rights reserved.
The Holton-Wise Property Group does not doubt the accuracy of any of the information contained herein. However we have not verified it and make no guarantee, warranty or representation about it. Properties listed herein may be listed by brokerages other than The Holton-Wise Property Group. It is your
responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of any property. Actual results may vary from any projections, opinions, assumptions, or estimates and you should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

The Holton-Wise Property Group
4207 Brookpark Rd. Parma, Ohio. 44134.
216-661-6633

______________________________________________

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