17 Unit Multifamily Portfolio - Cleveland, OH 44103 - DEAL OF THE DAY!!! - AVAILABLE
MULTIFAMILY INVESTMENT OPPORTUNITY (*CAN BE PURCHASED SEPARATELY*)
Total Portfolio Acquisition Price: $405,000 USD
1. 1169 E 60th Street, Cleveland OH 44103
PRICE: $77,500.00 USD
This property is a Quad-Plex - 4 UNITS
Property Details: 4 separate units (1 unit is occupied & 3 currently vacant) All units are 2 bedroom 1 bathroom Current rent ( Unit 1: $450/month, Unit 2: vacant,Unit 3: vacant, Unit 4: vacant)
2 of the vacant units are rent ready, however 1 needs repairs before occupancy.
SEE PICTURES BELOW
2) 1176 E 61st Street, Cleveland OH 44103
This property includes 1176 E 61st St and 1180 E 61st (ON THE SAME PARCEL AS 1176 E 61st ST)
PRICE: $250,000.00 USD (Both Properties Sold Together)
Current Annual Gross Income - $40,200
Potential Annual Gross Income - $51,000
1176 E 61st Street Details: 8 UNITS
8 plex (6 units are occupied / 2 units are vacant)
4 units are 1 bed 1 bath, 4 units are 1 bath efficiency/studio units
Current Rental Income - $2,550/month
Unit #1: $450/month
Unit #2: $425/month
Unit #3: $425/month
Unit #4: $400/month
Unit #5: $425/month
Unit#6: $425/month
Unit #7: VACANT
Unit#8: VACANT
Square Feet: 4,420
Lot Size:7,800
Bedrooms:12
Bathrooms:10
Terms: Assignment of Contract
Property Type: Multi-family
Year Built:1910
3) 1180 E 61st Street, Cleveland, OH 44103
This property includes 1176 E 61st St and 1180 E 61st (ON THE SAME PARCEL AS 1176 E 61st ST)
PRICE: $250,000.00 USD
DUPLEX (both units Occupied) Each are 2 bed/ 1 bath each unit
Current Rental Income per unit -
Unit #1: $400/month
Unit#2 $400/month
4) 1187 E 61st Street, Cleveland, Ohio 44103
PRICE: $77,500.00 USD
Square Feet:1,820
Bedrooms: 3
Bathrooms: 3
Triplex (3 Unit)
Property Details:
3 Separate Units
All Units Currently Occupied $16,200 Gross Annual Income Current Monthly Rental Income - $1,350/month
Unit A: $425/month, Unit B: $425/month, Unit C: $500/month
Unit A and B are 1 bed 1 bath. Unit C is 2 beds 1 bath
Great opportunity to build a solid multifamily portfolio in the rising Cleveland area. submit all offers to sarter@promiselandrealtyllc.com
"BUILD YOUR EMPIRE"
PROMISE LAND REALTY, LLC
Work: 313-307-6616
sarter@promiselandrealtyllc.com
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*