Sophie Boehlen
This listing was posted on RealtyWW.
$450,000
E Th St, Cleveland, Home For Sale
Price:
$450,000
BR/BA:
6 BR, 2.5 BA
Location:
1504 E 107th St, Cleveland, OH
Description:
Cash-flowing Student Housing in walking distance to Case! This FURNISHED and remodeled 6-bedroom, 2 1/2 bath house with CENTRAL AC is currently rented to students through 2025 and generating over $45K in annual GRI. This group of students had negotiated a lower price because they rented two homes. Fair market rents for furnished houses with Central AC are typically for $700-800 per bedroom, depending on bedroom size, so this home should generate between $50K-$57K in GRI without additional CapEx. This property, which was renovated approximately 10 years ago, has central AC, in unit washer and dryer, vinyl windows and a newer roof. Low maintenance brick and vinyl siding. All furnishings will transfer with title. Tenants reimburse ALL utilities including water and sewer. Seller is also selling 2189 Rexwood (3-unit) and 2634 Colchester (3 units) - both in Cleveland HeightsFor more details: https://realtyww.info/homes_cleveland-d523589/for-sale_i73751682
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More About this Listing: E Th St, Cleveland, Home For Sale
E Th St, Cleveland, Home For Sale is a Six Bedroom 2.5 Bath Single-Family Homes for Sale at 1504 E 107th St in Cleveland OH. Find other listings like E Th St, Cleveland, Home For Sale and listings near 1504 E 107th St by searching Oodle Classifieds for Six Bedroom 2.5 Bath Single-Family Homes for Sale in Cleveland OH.
E Th St, Cleveland, Home For Sale is a Six Bedroom 2.5 Bath Single-Family Homes for Sale at 1504 E 107th St in Cleveland OH. Find other listings like E Th St, Cleveland, Home For Sale and listings near 1504 E 107th St by searching Oodle Classifieds for Six Bedroom 2.5 Bath Single-Family Homes for Sale in Cleveland OH.