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Updated over 7 years ago on . Most recent reply

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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,748
Votes |
28,772
Posts

FULLY renovated TURNKEY duplex in the suburbs (Video included)

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted
FOR SALE
9524 BirchwoodGarfield Heights, Ohio$59,900
Video tour along with financial analysis from Holton-Wise Co-Founder James Wise below. MUST WATCH!
Cleveland Real Estate Investment Property FOR SALE - Turnkey Duplex; 9524 Birchwood
HIGHLIGHTS:
  • Asking price $59,900
  • 2 units
  • 100% occupied
  • Current rent $1,165 per month
  • Upstairs pays $495 per month
  • Upstairs lease started on 3.1.2016
  • Downstairs pays $670 per month
  • Downstairs lease started on 12.1.2011
  • Video tour available in the video above
  • Seller has self managed for years
  • Professional Property Management from Holton-Wise available
  • 2 separate furnaces installed 20 years ago
  • Each unit had A/C installed 20 years ago
  • 2 Hot water tanks installed 4 & 7 years ago
  • Windows are 9 years old
  • Roof is 20 years old
  • All tenants pay their own heat
  • All tenants pay their own electric
  • Annual property taxes $2,555
  • Owner pays water & sewer
  • No owner financing
  • Will be delivered to buyer point of sale violation free
CLICK HERE TO MAKE AN OFFER, GET MORE INFORMATION, OR TALK WITH JAMES WISE ABOUT THIS OFFERING
CLICK HERE IF YOU WOULD LIKE HOLTON-WISE TO SELL YOUR PROPERTY IN AN EMAIL JUST LIKE THIS ONE
OVER $100 MILLION SOLD
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VIDEO OF THE DAY
When you are looking into purchasing rental real estate you probably have many questions about the policies & procedures of Holton-Wise as well as the industry in general. At Holton-Wise we believe in complete transparency throughout the entire investment process.Please take a look at the video below. Holton-Wise includes an informational &/or educational video in every property offering. These videos are a MUST WATCH for both new & seasoned investors. #RealEstateInvestingMadeEasy
Ask James Wise #3 - Are College Rentals aka Student Housing a good idea?; #AskJamesWise
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CLICK HERE IF YOU WOULD LIKE TO LOWER YOUR PROPERTY INSURANCE PREMIUM
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.

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Serving the entire Greater Cleveland, Ohio area.

Have you heard of Holton-Wise? If not, check out what we are up to 👇👇👇

2017 A YEAR IN REVIEW:

Holton-Wise has had another strong year of growth in 2017. We saw strong gains in all 3 of our major business functions (Sales, Property Management & General Contracting). Below is a breakdown of our growth since we began assisting Homeowners, Tenants, Sellers & Anyone else interested in Real Estate in the Cleveland market 5 years ago.

SALES:

  • 2017 Closed Sales $48,717,029 (438 Closed Transactions)
  • 2016 Closed Sales $33,046,506 (343 Closed Transactions)
  • 2015 Closed Sales $7,500,539 (119 Closed Transactions)
  • 2014 Closed Sales $2,261,161 (47 Closed Transactions)
  • 2013 Closed Sales $241,700 (6 Closed Transactions)

PROPERTY MANAGEMENT:

  • 2017 Collected Rent $3,459,624.90
  • 2016 Collected Rent $2,291,445.84
  • 2015 Collected Rent $946,324.01
  • 2014 Collected Rent $163,491.53
  • 2013 Collected Rent $17,910.00

GENERAL CONTRACTING:

  • 2017 Construction Sales $1,925,765
  • 2016 Construction Sales $1,403,949.66
  • 2015 Construction Sales $531,175
  • 2014 Construction Sales $150,969.06
  • 2013 Construction Sales $23,933.20

TOTAL BUSINESS:

  • 2017 Total Business $54,102,418.90
  • 2016 Total Business $36,741,901.50
  • 2015 Total Business $8,978,038
  • 2014 Total Business $2,859,164.70
  • 2013 Total Business $283,543.20


AFFILIATED BUSINESSES:

  • FARMERS HOAG INSURANCE AGENCY
  • 2017 Gross Commission $50,160.20 (814 Active Polices)

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Have questions about Property Management? Check out our FAQ

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