Fully Rented triplex on 2210 e 79th st Cleveland OH 44103. 16.8% cap rate Apt #1 $550 3 bedroom 1 bathroom apartment on 1st floor. long term tenant paying rent plus utilities. 12 month lease continuing from at least 3 years ago Apt #2 $550 3 bedroom 1 bathroom apartment on 2nd floor. long term tenant paying rent plus utilities. 12 month lease continuing from at least 3 years ago Apt #3 $400 1 bedroom, large study and 1 bathroom apartment on 3rd floor. 4 month tenant paying rent plus utilities. Month to Month agreement. Annual RE Tax $380 Annual Property Management $1200 Annual Water and Sewer $2400 Annual Home Insurance $1400 Annual Gross Income $18000 Selling property AS-IS. Interior inspection granted only after written offer is accepted. $1500 earnest money deposit. 7 day inspection period. Buyer pays all closing cost, title company fees and any broker fee outside of 3% commission. Offering 3% commission to buyers licensed R.E. Agent. Owner: 2210 EAST 79TH LLC Email: Kohilldevelopment@gmail.com ***Cash Buyers Only*** Do not contact me if you are a wholesaler, want a assignable purchase agreement or RE Agent looking to list my property. Text POF with any inquiries. POF must have your name, bank name and date.
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