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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

Pictures link Here




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


Property pictures Here


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


Property pictures Here



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

Property pictures Here


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


www.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*


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