Arcade Ave Cleveland, OH...Fully Rem... for sale in Cleveland, OH

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Arcade Ave Cleveland, OH...Fully Remodeled Single Family...Great Waterloo Neighborhood. $775/Mo rents....$7,500/Year in Net Returms!!
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Location: Waterloo
Cleveland Income Properties is the True One Stop Shop for all your Investing Needs….

We offer quality, Real Turn-Key Investment Properties as well as the following Investment Specialists to assist you on your Real Estate Investment Journey:

• Specialists who can work with you to Maximize Your Investment Potential!
• In-Place Property Management
• Retirement Account Specialists (Buy this Property in your Retirement Account!)
• Creative Financing Partners
• Insurance Specialists....and much more!

Contact Us Today for Details


Property Amenities/Work Completed

This property has been fully rehabbed. Amenities include:

• Brand New Architectural Roof
• Freshly Painted Exterior
• Freshly Painted Interior
• Brand New Carpet Throughout
• Brand New Plumbing
•Brand New Hot Water Tank
• Brand New Furnace
• Remodeled Kitchen
• Remodeled Bathroom
• Private Driveway

Rental Information

Tenant Pending…Rents @ $775 a month to a Brand New Tenant on a One-Year Lease. This Tenant will pay a Security Deposit equal to one month's rent at move-in. This deposit will be credited to the New Owner at closing. The Current Property Manager who places this Tenant will stay on and manage this property for the New Owner, ensuring a smooth transition after the sale.

Monthly Expenses
Property Taxes….$47.50
Water…Tenant Responsible
Sewer/User Fee…Tenant Responsible
Lawn…Tenant Responsible
Gas/Electric…Tenant Responsible
Snow Removal…Tenant Responsible
Property Management… $75.00

Total Monthly Expenses: $152.50

Income/ROI Information
Total Monthly Rental Income: $ 775.00
Total Monthly Expenses: $ 152.50
Positive Monthly Cash Flow: $ 622.50

Return on Investment: 15.6% (Based on Sale Price of $47,900)

Price: $47,900.00
Bedrooms: 3
Bathrooms: 1
Year Built: 1920
Lot Size: 4800
Square Footage: 1086
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All information in this site is deemed reliable but is not guaranteed and is subject to change

  • Price: $47,900
  • Bedrooms: 3
  • Bathrooms: 1
  • Square Feet: 1,086

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