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TURNKEY REAL ESTATE with The Azzam Group

Turnkey properties

5 Bed | 2 Bath | 2,552 Sqft

Purchase Price $179,900.00

Property Type Cap Rate Cash on Cash Return
Multi-Family
8%
10%
Current Status Current Rent Lease Term Utilities
DN Unit: Occupied
$750
01/11/2024
Tenant Pays Gas & Electric
UP Unit: Vacant
-
-
Tenant Pays Gas & Electric

Pro Forma

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– Exterior
   – New paint on all wood items
   – New mailboxes
   – New framing around garage man door
– UP Unit
   – New outlet and switch covers
   – Refinished hardwood floors
   – New kitchen light fixture
   – New porch flooring and repair of soffit
   – New LVP flooring in kitchen
   – New electric wiring for kitchen
   – 2 brand new outlets in kitchen
   – Kitchen sink professionally glazed
   – New carpet on stairs and 3rd floor
   – New common area light fixtures
   – New light fixtures on 3rd floor
   – New HWT for both units

Our property management division, RE/MAX Haven Property Management, manages a portfolio of thousands of properties in the Cleveland & Akron areas. We specialize providing a worry-free property management experience. With over 30 full time employees, we offer dedicated service departments for maintenance, city/utility liaison, tenant support and marketing. 

Cash and most financing (including DSCR, SDIRA, etc.). Referrals for lenders available upon request.

The Azzam Group | RE/MAX Haven Realty
34050 Solon Road, Suite 100, Solon, OH 4413

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