6 Turnkey Single Family Rentals with Major Upside

Addresses: 

1. 77 King Lorain OH
   • 3 bed 1 bath
   • Current Rent: $1000
   • Annual Tax: $756.82
   • 2024 Section 8 FMR: $1,434
2. 3145 G Lorain OH
   • 3 bed 1 bath
   • Current Rent: $950
   • Annual Tax: $1,645.66
   • 2024 Section 8 FMR: $1,434
3. 2201 Eastlawn Lorain OH
   • 3 bed 1 bath
   • Current Rent: $850
   • Annual Tax: $1,339.94
   • 2024 Section 8 FMR: $1,434
4. 1008 Euclid Lorain OH
   • 3 bed 1 bath
   • Current Rent: $1,000
   • Annual Tax: $2,504.59
   • 2024 Section 8 FMR: $1,434
5. 1622 New Jersey Lorain OH
   • 3 bed 1 bath
   • Current Rent: $800
   • Annual Tax: $1,274.80
   • 2024 Section 8 FMR: $1,434
6. 339 Colorado Lorain OH
   • 4 bed 2 bath
   • Current Rent: $800
   • Annual Tax: $540.32
   • 2024 Section 8 FMR: $1,527

Total current gross rents total $5,400/mo. Pro-forma rents total $8,697/mo. Tenants are on month to month leases. All 6 properties were previously approved for Section 8 in the last couple years. No major rehab needed. All mechanicals and roofs have been replaced within the last few years. Seller financing is not available.

Asking: $700,000

Contact 813-537-6756 for access and more details.