$145,000 CLEVELAND. Fully tenanted block of 6 apar
3403 E 140th St Cleveland, OH 44120 is a block of 6 recently refurbished and 100% occupied apartments which is located in the popular Mount Pleasant district of Cleveland which enjoys high ongoing rental demand.
Built in 1928, the block totals 5,218 square feet on a lot of 5,200 square feet.
Please complete the inquiry form for additional information and photographs.
Unlike most of our competitors we take in to account all purchase costs and ongoing expenditure to give you a genuine net yield.
Sales Price: $145,000
Fixed Closing Costs: $5,000
TOTAL CAPITAL OUTLAY: $150,000
ANNUAL RENTAL INCOME: $33,600
Property Taxes: $750
Property Management: $3,360
TOTAL OUTGOINGS: $6,860
NET ANNUAL INCOME: $26,740
This represents a genuine net yield of 17.83% per annum. Please contact us for further information or to request a reservation form as this great opportunity will not be available for long.