2 Family Already rented at $850 month – Huge ROI
12600 Edmonton Ave, Cleveland, Ohio 44108
Property has been completely renovated and is currently occupied!!
2 Family – Both units have 2 bedrooms and 1 bath
Newer roof, New Kitchen Floorings, Updated Baths, New Plumbing, Fresh paint, Good hot water tanks & Furnaces
EXCELLENT INVESTMENT
Both tenants are on 1 year leases and each unit is rented at $400 and 450 a month
Full basement and Attic
PROPERTY SOLD IN 2003 for $80,000
Taxes only $600 a half and property management fee is 10%. Tenants are responsible for all utilities.
BUY IT NOW and start collecting next months rent of $850
BUY IT NOW PRICE only $18,000
PAYMENT DETAILS
The payment processs 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 folows:
Collect monthly rents and deposit/forward in a timely fassion
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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