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UNDER CONTRACT. Fantastic Location -... for sale in Cleveland, OH

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Fantastic Location - 5089 Haverford Drive, Lyndhurst
Main Photo
Location: Lyndhurst
UPDATE 24th November. Relocation (long term) tenant sourced by Management.

Completely updated colonial with lots of fully usable living space, including the finished basement rec room.
Brand new furnace and AC installed in late, 2017.
Remodeled kitchen features cherry cabinets, new counters, stainless refrigerator and stove, dishwasher.
Large formal dining room has a built-in buffet with loads of cabinets and counter space. Huge living room with new carpet and ceiling fan with access to the front sun room with powder room (could also serve as a 1st floor bedroom).
3 bedrooms up all have new carpet, fixtures, freshly painted and ready to move in. Full bath on the 2nd floor is also completely remodeled.
Space above garage makes great storage or possible additional living space, office, or teen hangout.
Other features: new driveway, two 1-car garages, vinyl replacement windows, upgraded electrical and plumbing, and vinyl siding for worry-free maintenance.



Rented For $1250 / month



Gross Annual Rent $15,000


Property Management (10%) $ 1,500



Estimated Property Tax$ 3,540



Estimated insurance $ 400



Net Operating Income (NOI) $ 9,560




Mortgage available to suitably qualified applicants at 80% LTV.



ABOUT 20/20 REAL ESTATE


We are specialist Developers of distressed real estate assets in NE Ohio. As well as supplying portfolio solutions to HNWI, REIT's and portfolio managers, we help individual investors realise their own real estate goals. All of our properties are supplied fully rehabbed and code compliant with a view to mitigating short and mid-term maintenance costs.


Contact us today for more details about this property and others like it.




Disclaimer



No part of this communication should be taken as an interpretation or guidance of any local, city, state or international law nor, is it intended to provide accounting or tax advice. Whilst every attempt has been made to provide true and factual information the Company cannot be responsible for third party representations. Any and all financial illustrations made in thiscommunication or on any linked webpage or document are made in good faith and show current, known information. Costs, fees and charges may change in the future and other variable and/or unforeseen costs may occur. Nothing in this communication nor any linked webpage or document should be construed as anything other than indicative information and is not part of any inducement or contractual arrangement between any parties. There are no implied or expressed warranties on any investment information or materials in this email. There is no assurance that the value of the real estate will be sufficient to return any portion of the investors original capital, and we do not guarantee the accuracy of any projections herein.





Information
Pricing
Price: $110,000.00
Gross Annual Rent: $15,000
Management (10%): $1,500
Estimated Tax: $3,540
Estimated Insurance: $400
NOI: $9,560
Property Location
5089 Haverford Drive
Cleveland, OH 44124
View Map
Features
Bedrooms: 3
Bathrooms: 1.5
Parking Spaces: 2+
Year Built: 1923
Subdivision: Lyndhurst
Garage Size: 2 x singles
Square Footage: 1252
Updated: 2017
Tenant status: Tenanted
Rehab status: Complete
Attributes
Appliances
Range/Oven
Full Refrigerator
Interior Amenities
Hardwood Floors
Basement
Exterior Amenities
Fenced Yard
Grass Lawn
Photo Gallery
All information in this site is deemed reliable but is not guaranteed and is subject to change


  • Price: $110,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Feet: 1,252

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