CLEVELAND DUPLEX – CONTROL A $120,000 RENTAL PROPERTY FOR JUST $8,300! ONE UNIT ALREADY RENTED!
Why tie up $25,000–$30,000 in a down payment when you can control a duplex for just $8,300?
This is a fantastic opportunity to control an income-producing duplex with very little upfront capital, collect rental income from day one, and have three full years to purchase the property at a locked-in price!
- Total Entry Fee: $8,300 (includes option deposit and assignment fee)
- Monthly Payment to Seller: $1,100
- Lease Option Term: 3 Years
- One Unit Already Rented: $875/month
- Second Unit: Vacant with opportunity for additional rental income
- Repairs NONE
- Insurance & taxes: Paid by the seller
Here's Why I Love This Deal:
Start Collecting Rent Immediately! One unit is already rented for $875 per month, covering most of your $1,100 monthly payment to the seller.
Rent the Second Unit and Start Cash Flowing! Once you get the second unit rented, you have the potential for positive monthly cash flow without even owning the property yet!
Seller Pays the Insurance & taxes! One less expense for you to worry about.
Three Years to Buy! Your purchase price is locked in at $120,000, giving you time to build income, improve the property, and arrange financing.
Think About This:
You control a duplex for $8,300. One tenant is already paying $875 per month. Your payment to the seller is only $1,100.
That means you're just $225 per month away from covering your entire payment to the seller!
Rent the second unit, and you could be generating positive cash flow every month, subject to other operating expenses.
This is how you build a real estate portfolio without needing a fortune to get started!
Message me for the details. Deals structured like this are exactly why I love creative real estate investing!
The Real Estate Doctor
More About This Property
Nearby Deals
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.