8 Bed Apartment For Sale in Cleveland America | PA463-145

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  • Price £92,681
  • Number of Beds 8
  • Location Cleveland, Ohio, America
  • Property Type Apartment
  • Swimming Pool No
  • Listing Type For Sale
  • Property Reference PA463-145

Property Description

$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.

FINANCIAL ANALYSIS:

Sales Price: $145,000

Fixed Closing Costs: $5,000

TOTAL CAPITAL OUTLAY: $150,000

ANNUAL RENTAL INCOME: $33,600

OUTGOINGS:

Property Taxes: $750

Water: $750

Insurance: $2,000

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.

Approximate Property Location

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Please note:
All property information is submitted by the agent or private seller and is true at the time of submission.

By completing this enquiry form you agree to our terms and conditions and are allowing the agent to contact you directly to discuss the property and provide more information.

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Key Features

  • Bathroom
  • Water Installed
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