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Archived almost 3 years ago

$198,000

4 bd 2 ba 1366 sqft

28938 Hazel Avenue, Wickliffe, OH 44092

Residential Duplex Occupied Off MLS

Current Rent **

$700

Projected Rent **

$2,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $700
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 604 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 762 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: Yes

Off Market Listing - 2 Houses on 1 Lot

(2) Houses on (1) Parcel. Both houses have been well cared for with newer roofs, gutters, windows, and siding. Both houses have (2) bedrooms, (1) Bath, and Basement. Both houses also have a stove, refrigerator, washer, and dryer.

House 1 is currently occupied with a tenant that has been there for 18 years, which is why their rent is way under market. Tenant is responsible for all utilities.

House 2 just became vacant and was cleaned, painted and ready to rent.

Interior pictures are of House 2.

No owner financing available. Please do not approach the tenant.

(216) 496-4013

Location:

28938 Hazel Avenue, Wickliffe, OH 44092

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.