Discover an incredible investment opportunity with this cash-flowing 4-unit property in Cleveland! Fully occupied, each 1 bed/1 bath unit rents for $675, bringing in a total of $2,700 per month. Tenants handle their own electric and gas, while the owner covers water and sewer. With a cap rate exceeding 10% and over a 17% cash-on-cash return, this property has potential for substantial returns. Recent updates include 4 new furnaces and water tanks, some fresh carpet, paint, flooring, and small touches to kitchens and bathrooms to make the units rent ready. Don't miss out on this chance to secure a profitable addition to your portfolio!
Type | School name | District name |
---|---|---|
Elementary | Not available | Cleveland Municipal - 1809 |
High | Not available | Cleveland Municipal - 1809 |
Juniorhigh | Not available | Cleveland Municipal - 1809 |
Middle | Not available | Cleveland Municipal - 1809 |
Year | Tax amount | |
---|---|---|
2023 | USD $2160 | THB ฿71,100* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Email enquiry to Russell Real Estate Services
Property ID: 110093050793