Macomb Ave Cleveland, OH...UNDER CON... for sale in Cleveland, OH

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Macomb Ave Cleveland, OH...UNDER CONTRACT...Fully Remodeled Single Family Rents for $795/Month...Great Neighborhood Bordering Garfield Heights...15.25% Net ROI & $7,500 in Net Annual Rents!!
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Location: Cleveland, OH
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
• Vinyl Siding
• Freshly Painted Interior
• Newly Refinished Hardwood Floors
• Brand New Carpet
• Updated Plumbing
• Remodeled Kitchen
• Remodeled Bath

Rental Information

This property rents for $795 a month to a Brand New Tenant on a One-Year Lease. This Tenant has paid 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 the Tenants will stay on and manage this property for the New Owner, ensuringa smooth transition after the sale.

Monthly Expenses

Property Taxes….$68.50
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: $173.50

Income/ROI Information

Total MonthlyRental Income: $795.00
Total Monthly Expenses: $173.50
Positive Monthly Cash Flow: $621.50

Return on Investment: 15.25%.... (Based on Sale Price of $48,900)

Price: $48,900.00
Property Location
Macomb Ave
Cleveland, OH 44105
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Bedrooms: 3
Bathrooms: 1
Year Built: 1920
Lot Size: 3,550
Square Footage: 1,144
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All information in this site is deemed reliable but is not guaranteed and is subject to change

  • Price: $48,900
  • Bedrooms: 3
  • Bathrooms: 1

Don't Be Fooled

Fraudsters advertise a real estate property usually at a considerable discount. This allows the fraudster to receive as many replies or inquiries as possible. The fraudster goest to great lengths to make this property look as legitimate as possible and might include pictures, floor plans, etc. To make sure you express an interest in the property the fraudster will ask you to wire money for a deposit, verify funds, or other legitimate sounding reasons.