$90,000 After Repair Value -
$49,000 Asking Price -
$0 Cost of Repairs =
$41,000 Potential Profit

Property Details

Asking Price $49,000

After Repair Value $90,000

Costs of Repairs $0

Potential Profit $41,000

Living Area ?2,114 ft2

Property Type Unknown

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Strong cash flow opportunity with this Cleveland duplex. Recently vacant and ready for your fresh on day 1 to bring market rents that should yield a nearly 20% cap rate. The downstairs unit has a very adequate kitchen and bathroom, and the upstairs unit could be rent ready in less than a couple weeks. With 2 bedroom and 1 bathroom in both units, section 8 tenants could potentially bring an even higher cap rate for an experienced investor. Inquire today to lock in this great asset to hedge against inflation.


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