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Buy a multi-family propertyat 14112 Edgewood Avenue, Cleveland, OH 44128

$163,900

$0/mo

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Residential

2,592 Sq. Ft.

4,399 Sq. Ft. lot

4 Bedrooms

2 Bathrooms

280 Days on market

4477622 MLS ID

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About 14112 Edgewood Avenue multi-family property

TURN KEY CASH FLOW and 12%+cap rate! Add IRA and portfolio value with this rehabbed (late 2022) and fully occupied Cleveland, Ohio duplex. Down unit is Section 8/CMHA and rents for $827.00, up unit rents for $850.00 (Cash tenant). Separate furnaces, water heaters, electricity & gas to each unit. Up furnace was overhauled in 2022, down unit furnace has a manufacture date of 2001, both in working condition. Both water heaters have manufacture dates of 2021, and are in working condition. LEAD Certification in place as of January 2023. The property has an unfinished attic for a VALUE-ADD opportunity.
TURN KEY CASH FLOW and 12%+cap rate! Add IRA and portfolio value with this rehabbed (late 2022) and fully occupied Cleveland, Ohio duplex. Down unit is Section 8/CMHA and rents for $827.00, up unit rents for $850.00 (Cash tenant). Separate furnaces, water heaters, electricity & gas to each unit. Up furnace was overhauled in 2022, down unit furnace has a manufacture date of 2001, both in working condition. Both water heaters have manufacture dates of 2021, and are in working condition. LEAD Certification in place as of January 2023. The property has an unfinished attic for a VALUE-ADD opportunity.

Property details

Basement

Unfinished

Bathrooms

2 full bathrooms

2 total bathrooms

Bedrooms

4 total bedrooms

Building

Built in 1928

Construction materials: WoodSiding

1 building

2

2 total stories

Toal building area: 2592

Exterior Features

PavedDriveway

Heating

ForcedAir

Gas

Laundry

CommonArea

Listing

Listing ID: 4477622

Standard status: Active

1 day on market

2 toal units

Location

Subdivision name: Parkhill Land & Allotment Cos

Lot

0.101 acres

Parking

NoGarage

Possession

Negotiable

Roof

Asphalt

Fiberglass

Sewer

PublicSewer

Tenant Pays

Electricity

Gas

Monthly cost

Estimated monthly cost

$1,154/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$154,066

+$4,917

$158,983

Seller agent commission$4,917 (3%)*

$0 (0%)

Buyer agent commission$4,917 (3%)*

$4,917 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $4,917 more selling your home
with an Unreal Estate agent

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Counties

Cities

Unreal Estate checked: Aug 8, 2023 at 4:48 p.m.

Data updated: Jul 27, 2023 at 8:03 p.m.

Courtesy of John Lee Real Estate Group, LLC and Yvette J Head
Listings last updated 07/27/2023. Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes-MLS. Real estate listings held by brokerage firms other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed.
Listing Information © 2024 Yes-MLS, Inc. All rights reserved.

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