Part of a Cleveland portfolio, 7 properties, 8 units, turnkey, under professional management. Gross rents $7325, listed for $470k, over 14% CAP rate at list price (including management, taxes, insurance expenses). Turnkey rental property. This single family is rented for $850/mo, 3 bed/1bath. Many updates including: newer furnace and water tank, upgraded electrical. Other features: glass block windows, spacious front porch. Conveniently located near freeways, shopping, and just minutes to the airport and Downtown Cleveland. Professional management in place. MLS #s included in the portfolio: 5005952, 4496134, 4496128, 4496120, 5008047, 4507684, 4496100 (7 singles and 1 duplex)
Listing Courtesy of: Michael A Ferrante, info@21mike.com With Century 21 HomeStar
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