16902 Endora Road, Cleveland, OH 44112

$142,000
5
BD
3
BA
3,474
SqFt

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List Price
$142,000
Status
ACTIVE
Days on Market
8
MLS#
5229289
Subtype
Residential Income
Year Built
1920
Bedrooms
5
Bathrooms
3
Full Baths
3
Living Area
3,474
Acres
0.13
Subdivision
Colonial Heights
Neighborhood
Colonial Heights
MLS Area Major
Cleveland

Property Description

Don't miss this excellent opportunity to add a professionally managed, income-producing triplex to your investment portfolio. This well-maintained colonial features three residential units, including two spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath attic/cockloft apartment. One unit is currently leased at 850 per month to a tenant who would like to remain, providing immediate rental income from day one. The remaining two units are rent-ready and are actively being marketed for new tenants, offering the opportunity to increase cash flow immediately after closing. Professional property management is already in place, making this an ideal acquisition for both seasoned and first-time investors. Seller Terms – Please Read Carefully: NO WHOLESALERS. The seller will NOT entertain wholesale transactions under any circumstances. ALL OFFERS MUST INCLUDE PROOF OF FUNDS. Offers submitted without verifiable proof of funds will not be considered. NO ASSIGNMENT CONTRACTS. The purchase agreement may not be assigned, transferred, or otherwise conveyed to another party during the contract period. The buyer executing the purchase contract must be the buyer who closes on the property. EARNEST MONEY DEPOSIT REQUIREMENT:Earnest money shall be deposited within three (3) calendar days of contract acceptance. Earnest money will NOT be delayed until after inspections, due diligence, or contingency periods. Failure to timely deposit earnest money will constitute a default under the purchase agreement. Serious, qualified buyers only. Seller reserves the right to reject any offer that does not comply with these requirements.

Additional Information

Taxes
$2,479
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Three Or More, Two
Roof
Asphalt, Fiberglass
Parking Features
Driveway
School District
Cleveland Municipal - 1809

Listing Courtesy of: Cliff Louis, CliffLouis@kw.com With Keller Williams Greater Metropolitan

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