8 UNIT, BRICK. $265000. C Area. Cleveland, OH
********! Join my MAILING LIST !**********! Join my MAILING LIST !*************
ASKING PRICE $265,000
Mt. Carmel Rd, Cleveland, OH 44104
Brick, 8 unit apartment building. All one bedroom, one bath units. Potential cap rate 17%. Based on $625 rent x 8 units. Some units are already collecting that and others are nearly ready to be rented with subsidized housing, which seller will pay for any needed repairs. 5 of the 8 units have been remodeled / updated and include new appliances. Newer furnace, water heater & roof. In addition, the new highway and Cleveland Clinic expansion to the area will be a huge plus to the property value. CMHA housing across the street will be leaving giving the area a huge growth factor.
Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.
Holton-Wise Property Group - Cleveland -
Century 21 Universal - Chicago -
Have helped many Bigger pockets members build passive cashflow. Read how I've helped fellow BP members acquire CASH FLOWING investments. What's stopping you from investing? LET'S TALK
Read my Zillow Profile and my outstanding work ethic for my clients
*Featured properties is listed by the office/agent presenting this brochure