
Value-Add Opportunity in 44104 | Melba Ave.
Multi-Family Income Property – Duplex & Triplex Available
Marketing description
We make investing in rental properties simple, profitable, and hassle-free.
Property Highlights
5 Bed / 2 Bath Duplex
Rent: $1,950/month
Gross: $23,400/annually
Taxes: $1,081.20/annually (pulled directly off county)
Insurance: $800/annually EST
Water/Sewer: $1,800/annually EST
Net: $19,718.80/annually
Retail Price: $155,000
Cap: 12.7%
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!
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