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Buy a multi-family propertyat 1281 Clifton Prado, Lakewood, OH 44107

$229,000

$0/mo

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Residential

2,340 Sq. Ft.

2,208 Sq. Ft. lot

4 Bedrooms

2 Bathrooms

301 Days on market

4475047 MLS ID

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About 1281 Clifton Prado multi-family property

I am pleased to announce this great income producing property in the beautiful city of Lakewood. Units have been remodeled before tenants moved in. Down unit is rented to a new Section 8 tenant waiting on the inspection, expect to have tenant in sometime in August. Rent determination was just offered by section 8 this morning for 1240.00 so since up unit identical will be requesting an increase on the up unit to 1240 as well. With Section 8 you request have to be submitted online and don't take effect for 90 days but that will increase your NOI by 1680.00 annually. Clifton Prado is a very tiny street off of Beech with maybe 20 houses on the entire street so its a very quiet private rental. Call today for a private showing.
I am pleased to announce this great income producing property in the beautiful city of Lakewood. Units have been remodeled before tenants moved in. Down unit is rented to a new Section 8 tenant waiting on the inspection, expect to have tenant in sometime in August. Rent determination was just offered by section 8 this morning for 1240.00 so since up unit identical will be requesting an increase on the up unit to 1240 as well. With Section 8 you request have to be submitted online and don't take effect for 90 days but that will increase your NOI by 1680.00 annually. Clifton Prado is a very tiny street off of Beech with maybe 20 houses on the entire street so its a very quiet private rental. Call today for a private showing.

Property details

Disability Features

Features: None

Appliances and Equipment

Range

Refrigerator

Basement

Unfinished

Bathrooms

2 full bathrooms

2 total bathrooms

Bedrooms

4 total bedrooms

House

Built in 1918

Construction materials: AluminumSiding,VinylSiding

1 building

2

2 total stories

Toal building area: 2340

Expenses

Operating: $9,249

Exterior Features

PavedDriveway

Heating

ForcedAir

Gas

Income

Gross income: $28,080

Net operating income: $18,681

Laundry

CommonArea

Listing

Listing ID: 4475047

Standard status: Active

6 days on market

2 toal units

Location

Subdivision name: Henry Beachs Sub

Lot

0.0507 acres

Parking

NoGarage

Possession

DeliveryOfDeed

Roof

Asphalt

Fiberglass

Sewer

PublicSewer

Tenant Pays

CableTV

Electricity

Gas

Heat

TrashCollection

Monthly cost

Estimated monthly cost

$1,612/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$215,260

+$6,870

$222,130

Seller agent commission$6,870 (3%)*

$0 (0%)

Buyer agent commission$6,870 (3%)*

$6,870 (3%)*

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

Get $6,870 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 16, 2024 at 1:11 p.m.

Data updated: Jul 25, 2023 at 4:03 p.m.

Courtesy of EXP Realty, LLC. and Mary L Palumbo
Listings last updated 07/25/2023. 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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