12813 Silver Rd, Garfield Heights, OH 44125

12813 Silver St. Garfield Hts., Ohio 44125 4 Bed Single 1170 Sq FT, completely remodeled and updated in Summer 2016. $12,000 GROSS $546 Insurance $3,476 Taxes Water-tenant pays $1,140 Management $5,162 TOTAL EXPENSES NET $6,838 @10% CAP RATE $68,380 Tenant just signed a new 1 year lease in June 2015 This property is located near a major bus line and minutes walking distance to Marymount hospital (a Cleveland Clinic owned hospital) is 1 mile from the property. The improvements on this property include, A new 25 yr. roof, 10 new windows, 6 glass block windows, new furnace and A/C and water heater, new electric panel with 100 amp service, new concrete driveway, large back yard, two car garage. . Kitchen was gutted to the studs and kitchen has fresh paint and hardware on cabinets. The whole house has fresh paint and carpeting. The attention to detail and quality of workmanship is evident. Every single piece of copper piping has been replaced in this home. All drain and waste lines were replaced with PVC, all the way back to the main stack. New wiring was run to bathroom and kitchen locations to meet modern power demands and code compliance. Nothing has to be done to this home. It is truly a turn key investment. Property includes above stove microwave and refrigerator. Tenant has been in property since 2010 Upgrades Kitchen gutted to studs All new copper and pvc New furnace/AC New water heater 100 amp electric service and panel New Patio and Drive New windows New roof Above stove microwave Refrigerator New carpeting and paint