Price - $39,900
Location -
Property -
Bedrooms -
Bath - 2
Garage - None
Featured

3431 E 117th Street Cleveland, Ohio 44120
Property has been completely renovated and is currently occupied!!
2 Family – Both units have 2 bedrooms and 1 bath
Newer roof, New Kitchens & Baths, New Updated Electric, New Plumbing, Fresh Paint and Carpet, Good hot water tanks & Furnaces, New Drain lines, Complete Rehab
EXCELLENT INVESTMENT
Both tenants are on 1 year leases and each unit is rented at $500 a month

Full basement and Attic
PROPERTY SOLD IN 2007 for $88,500
Taxes only $540 and property management fee is 10%. Tenants are responsible for all utilities.

BUY IT NOW and start collecting within days
BUY IT NOW PRICE only $39,900

 

PAYMENT DETAILS

The payment process is as follows, earnest money in the amount  of $7,500 must be sent through bank wire within 24 hrs of the closing of the auction. You will then be provided a contract/ assignment agreement and balance is due within 3 days. Closing cost will be $420. (There is an additional $500 if you want title insurance)
There is NO financing. Property is sold as-is.

Please make sure you forward all contact information including Full name & address for contract/ deed.

Property is being sold FREE & CLEAR

ADDITIONAL INFORMATION

Local property management is available and already in place. Management fees are only 10%.  Property has great CASH FLOW with excellent tenants.  Leases transfer upon purchase of property. Property management will listen to your concerns as well as tenants. Other things done by property management are as follows:

Collect monthly rents and deposit/forward in a timely fashion
Handle tenant calls/issues and act accordingly
Thoroughly screen prospective tenants
Relieve owner of tenant complaints, repairs, vacancies
Property management fee is only 10%

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