For sale about 2 months ago

$60,000

3 bd 1 ba 0 sqft

9407 Detroit Ave, Cleveland, OH 44102

Residential SFR Occupied

Current Rent

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Price Reduced! Cudell Townhouse. $861/month Rent for $60k.

Well maintained, occupied, cash flowing single family property in the desirable Cudell neighborhood. Enjoy the benefits and low property taxes that come with City of Cleveland while simultaneously investing in an excellent neighborhood that's just a short walk from the lake and directly adjacent to Detroit-Shoreway. The property has been renvoated in the last 3-4 years, including roof tear off and replacement, new electric panel, new hot water tank, boiler servicing, new carpet and flooring throughout, new vinyl replacement windows, and new cabinets and countertops in the kitchen and bathroom. The property is occupied with rent of $861/month, subsidized through Eden. Do not approach or disturb the tenant. This low maintenance turnkey property is the perfect portfolio builder for investors who are looking to sit back and collect the rent checks. Contact me for video walk through of the property.

Location:

9407 Detroit Ave, Cleveland, OH 44102

Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

*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.