CRAZY CASH FLOW! TRIPLEX , RENT READY, 32% CAP RATE!!!!!
THIS CLEVELAND HOME IS A TRIPLEX (3 UNITS) APPROXIMATELY 2,480 SQ. FEET OF LIVING SPACE. IN THE GLENVILLE NEIGHBOORHOOD IN CLEVELAND OH,44108. 1ST AND 2ND FLOOR UNITS ARE BOTH 2 BEDROOMS, LIVINGROOM, DININGROOM, AND 1 FULL BATHROOM. THE 3RD FLOOR UNIT HAS 1 BEDROOM, 1 BATHROOM WITH FULL KITCHEN, LIVING ROOM AND IN SUITE LAUNDRY. NICE YARD, THE 1ST AND 2ND FLOORS BOTH HAVE FRONT PORCHES. THE ESTIMATED MARKET VALUE FOR THIS PROPERTY IS ACCORDING TO HOMEFACTS AND OTHER RECENT COMPS THIS PROPERTY IS ESTIMATED AT $74,000. MANAGEMENT AVAILABLE TO MAKE TURN KEY!
Most Popular Reply
hello Jerry,
I am not sure where your getting your numbers but county records value is $20,800.
Is this place rehabbed? for it to be worth $74K that's about 3X appraisal not sure how hot Cleveland is but maybe I'm wrong, and it looks like your a wholesaler so the house is roughly $30-35K.