Honeydale Ave Cleveland, OH...Fully ... for sale in Cleveland, OH

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Honeydale Ave Cleveland, OH...Fully Rehabbed Duplex Renting for $1,150/Mo...Area Near Shaker SQ Neighborhood...MAssive $9,850 in Annual Net Rents!!
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Location: Shaker Sq Area
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!

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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
• New Electric Panels
• Updated Plumbing
• Brand New Hot Water Tanks
• Brand New Furnaces
• Remodeled Kitchens
• Remodeled Bathrooms
• Private Driveway

Rental Information

Tenants Pending…Rents @ $575 per Unit/$1,150 Total to Brand New Tenants on One-Year Leases. These Tenants will pay a Security Deposit equal to one month's rent at move-in. These deposits will be credited to the New Owner at closing. The Current Property Manager who places the Tenants will stay on and manage this property for the New Owner, ensuring a smooth transition after the sale.

Monthly Expenses

Property Taxes….$69.00
Sewer/User Fee…$30.00
Lawn…Tenant Responsible
Gas/Electric…Tenant Responsible
Snow Removal…Tenant Responsible
Property Management… $100.00

Total Monthly Expenses: $329.00

Income/ROI Information

Total Monthly Rental Income: $ 1,150.00
Total Monthly Expenses: $ 329.00
Positive Monthly Cash Flow: $ 821.00

Return on Investment: 15.8% (Based on Sale Price of $62,500)

Price: $62,500.00
Property Location
Honeydale Ave
Cleveland, OH 44120
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Bedrooms: 4
Bathrooms: 2
Year Built: 1925
Lot Size: 3502
Square Footage: 1908
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All information in this site is deemed reliable but is not guaranteed and is subject to change

  • Price: $62,500
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Feet: 1,908

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