Attention landlords and Investors looking to acquire a 6 plex in a decent area that would be a cash cow! This property needs the works as its down to the studs but has new electric and plumbing through out. Key features include:
6-plex in Cleveland
4 units (3/1) 2 units (2/1)
5355 sq ft
Property down to the studs
New electric and new plumbing through out the property
New windows and new roof
Property will be a cash cow!
3 bedroom apartment rents $1200+
2 bedroom apartment rents $900+
Could easily bring in $6,600 In rent a month
Located in a nice neighborhood off the shore of lake Erie
Only asking $200k
High cash on cash return
Cap rate once completed would be around a 15%
🔥Contact me today at 586-556-1365 to set up a walk through and to submit your highest and best offer🔥
BUYERS ARE REQUESTED TO DO THEIR OWN DILIGENCE ON THIS PROPERTY. YOU MUST VERIFY ALL INFORMATION PROVIDED INDEPENDENTLY.
● Buyer pays all closing costs
● Get in touch with us now!
NOTE: YOU ARE STRICTLY PROHIBITED FROM CONTACTING ANY SELLER.
Make an Offer: Submit your offer and information at the top of this screen by clicking "Make an Offer".
Contract: A contract will be delivered electronically once an agreement has been made and must be executed by Final Buyer within 24 hours. Once the contract is signed, we will introduce you to our third party Title Company we use who will help facilitate the closing process.
Earnest Money Deposit (EMD) must be wired to the Title Company within 1 day of Contract signing.
Closing Costs: End Buyer will pay all closing costs and will be outlined on the final settlement statement of the deal.
DISCLAIMER: This is an Assignment of Contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. This company does not represent the owner. We are NOT Brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.
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