CLEVELAND, OH 44111

OVERVIEW

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Location: Cleveland, OH (West Park)

ARV: $172,115 | Asking reflects as-is, occupied

Estimated Rehab: Skipped per seller

Potential Gross Profit: ~$17,215+ before rehab

PROPERTY

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4 bed / 2 bath / 1,560 SqFt

Lot: 4,200 SqFt | Built 1925 | 1 unit

THE NUMBERS

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In-place rent: $1,700/mo

Market rent: $2,095/mo (Rentometer, 4bd, 1-mi)

Upside: $395/mo, or $4,740/yr gross

Actual NOI: $13,169/yr, approx 8.5% cap at $154,900

Pro forma NOI: $17,198/yr, 11.10% pro forma cap

Comp value: approx $172,115, comps within 0.29 mi

INVESTOR HIGHLIGHTS

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Tenant in place. Income day one, no lease-up or turn cost.

Tenant pays water, sewer, trash, electric, and gas.

Zero owner-paid utilities keeps expenses clean.

One tenant, one lease, no shared meters.

West Park location with strong single-family rent growth.

Near the Cleveland Clinic Fairview Hospital expansion.

PROPERTY NOTES

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Wood-frame construction, pitched asphalt-shingle roof.

Built 1925. Sold as-is, occupied.

Rehab budget intentionally excluded from this post.

COMPS

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3720 W 129th St, 44111 | $164,300 | 4/2 | 0.12 mi

3599 W 129th St, 44111 | $130,000 | 4/2 | 0.22 mi

3729 W 133rd St, 44111 | $200,000 | 4/2 | 0.29 mi

TERMS

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CASH BUYERS ONLY. Quick, reliable funding required.

SOLD AS-IS. No repairs will be made by the seller.

Occupied rental. Do not disturb the tenant.

CONTACT

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Contact Todd for full details and the exact address.

Call/Text: (463) 240-1822

Email: todd@fsvproperties.com