E 113 | Duplex | Cash Flowing | 44104

$29000 4 bd, 2 ba, 2706 sqft

E 113 | Duplex | Cash Flowing | 44104

113/Kinsman

Monthly Cash Flow:  $950

Annual Taxes: $800

Tax Balance: $1942.77

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440-209-1563  |  davidhelmick@houseincleveland.com

Property Details

Price:
$29000
Address:
E 113
City:
Cleveland
State:
OH
Zip Code:
44104
Year Built:
1900
Terms:
For Sale
Property Type:
Duplex
Square Feet:
2706
Bedrooms:
4
Bathrooms:
2
Basement:
Unfinished
Lot Size:
5998
Const. Type:
Frame

Additional Features

E 113 | Duplex | Cash Flowing | 44104 East 113, 44104. $29K. Has 4 year tenant downstairs been month to month for three years now - no lease. Pays $450/mth always pays/mails rent on the 3rd of the month never late. Upstairs tenant under contract until March or May (I have to check the lease), pays $475 +$25 in water been slightly late a couple of times (1 day to a week). There is one major issue right now in a back landing roof has a leak, needs to be repaired and the back mud room of the downstairs needs to have all of the drywall removed and replaced. The downstairs tenant is also in need of new cabinets. Upstairs is in good shape and should not need much. Updates in the downstairs unit could bring in more rents, upstairs will need carpet for a new tenant in the future. Unit had a fire prior to my purchase has not affected the building as far as I know. You will only know there was a fire if you are looking for it. Less than 2k in back taxes. Buyer takes responsibility for it all, and all closing cost, as-is purchase I do not have any rent rolls as I am in the process of changing over software and less than 10% has been completed so far. I believe that the downstairs tenant only paid $99 deposit upon moving in and the upstairs tenant $475. Water is current, sewer I believe has about $100 owed.

Call (440) 209-1563 for more details

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