$1,595,000
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4296 Warner Road Cleveland, OH 44105
Other
Residence
Beds
Baths
Sq. Ft.
1.22
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Massive value-add opportunity for an investor to create significant equity and instant scale! This mixed portfolio including single family and multifamily presents the perfect opportunity to create equity through significant rental premiums available. All tenants in the portfolio are month to month ...allowing a buyer to immediately implement a value add business plan and take this portfolio to the next level. Currently grossing $16,360 per month, with bringing rents to market and taking advantage of section 8 premiums, an investor should easily gross over $24,000 per month! The portfolio is made up on (6) single family homes (3-4 bedrooms), (1) duplex, and (2) apartment buildings (8 and 9 unit buildings). Owner pays water/sewer for all properties currently (opportunity to pass this to tenants) and common electric and gas for the apartments.
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MLS#
5054572
Property Type
Other
Year Built
1910
Lot Size
1.22
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