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27152368
27152369

13*** Benwood Ave., Cleveland, OH 44105

CP
For Sale By Owner
SecuRealestate | The Teamwork Companies
Listed by SecuRealestate | The Teamwork Companies
$140,000
254 days on market
Updated 150 days ago

Great Investment Turnkey Duplex

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,966
Units 2
Cap Rate 12.90%

Multifamily

Marketing description

We make investing in rental properties simple, profitable, and hassle-free.

Property Highlights

  • (4 bed/ 2 bath DUPLEX)

  • Rent: $1,800/month

  • Gross: $21,600/annually

  • Taxes: $952.82/annually (pulled directly off county)

  • Insurance: $800/annually EST

  • Water/Sewer: $1,800/annually EST

  • Net: $18,047.18/annually

  • Retail Price: $140,000

  • Cap: 12.9%

What We Provide:
✔ Acquire distressed properties with strong potential
✔ Rehab to CMHA standards for inspection approval
✔ Place subsidized tenants (Section 8 / HUD VASH / Eden)
✔ Full-service property management on your behalf
✔ Dedicated in-house liaison between you and your rental income
✔ 6-month warranty on all purchases (from lease start date)
✔ Ongoing maintenance, landscaping, and more

Let us handle the work so you can focus on the returns.

This Duplex is currently being renovated and will be turnkey in around 120-150 days upon purchase and CMHA Tenants (Subsidized) will be placed (could possibly be sooner) ! We also offer a 6 month warranty on our homes as well!

Listing Contacts

CP
For Sale By Owner
SecuRealestate | The Teamwork Companies
Listed by SecuRealestate | The Teamwork Companies

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