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Cleveland, Ohio 44109

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$239,900

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4533 Pearl

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Cleveland, Ohio 44109

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$164,900

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Can be purchased individually or as a package for $404,800. Note that seller financing is now available. More info on the terms of the financing is below.

UPDATE: SELLER FINANCING NOW AVAILABLE:

• 25% down
• 6% interest
• 30 year amortization
• 7 year call

• 7 unit apartment building
• Price $239,900
• 2 - 1 bed 1 bath units
• 4 - 2 bed 1 bath units
• 1 - 3 bed 1 bath unit
• Unit 1 rent $520 can be increased to $650
• Unit 2 rent $500 can be increased to $550
• Unit 3 rent $500 can be increased to $550
• Unit 4 Vacant. Market rent $650
• Unit 5 rent $525 can be increased to $650
• Unit 6 rent $525 can be increased to $650
• Unit 7 rent $525 can be increased to $750
• Watch the video for bed bath breakdown of each unit
• Watch the video to see what needs to happen to hit market rent
• Watch the video for info on the neighborhood
• Annual property tax $5,333
• Building built in 1924
• Watch the video to see drone footage of the roof
• Watch the video to see the condition of the mechanicals
• Watch the video to see if there are any needed repairs
• No point of sale report (POS)
• Tenants pay gas & electric
• Owner pays water & sewer
• No owner financing

• 4 unit mixed use apartment building
• Price $164,900
• 1 commercial store front - Hair salon
• 1 - 2 bed 1 bath unit
• 1 - 3 bed 1 bath unit
• 1 - 3 bed 2 bath unit
• Unit 1 rent $650
• Unit 2 rent $700 can be increased to $750
• Vacant - watch video for market rent
• Unit 4 rent $700 - Hair salon
• Watch the video for info on the neighborhood
• Annual property tax $3,060
• Building built in 1910
• Watch the video to see drone footage of the roof
• Watch the video to see the condition of the mechanicals
• Watch the video to see if there are any needed repairs
• No point of sale report (POS)
• Tenants pay gas & electric
• Owner pays water & sewer
• No owner financing

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

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EVEN MORE DEALS HERE!

Outside of the daily offerings (like this one) that you receive from me here on the Holton-Wise daily email list there are tons of properties available for sale on the MLS or FSBO.Many investors have found that most other Real Estate Agents don't really understand the wants and needs of a Real Estate Investor, especially an out of state Real Estate Investor and these Real Estate Agents often leave out important information that investors (like you) you are going to need to make an informed investment decision.As such an additional service that I offer is a complete personalized video tour and investment analysis of any Cleveland area property that you are interested in buying. Whether you found it listed on the MLS, Zillow, Trulia, through a wholesaler or even FSBO I can help!

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.