Description
Investment opportunity ! 5 single family residents sold as a package deal...listed individually on the MLS...please refer to individual listings for more information. Sold as a package 404 Sherman, 1019 Wayne Ave, 729 Burt, 142 State, 631 Euclid for $451,500. Monthly rent for package $4,750...$57,000 for the year.. Also available 832 Dibert, 833 W Liberty, 816 W Liberty, 713 Lowry, 622 Lowry for $470,000. Total rents are $4,625 per month $55,500 per year avg cap rate 12%. Can seperate into a minimum of 2 per deal call for details. This owner has renovated all the properties and maintains them very well..Tenants supply their own appliances, pay all utilities, trash and yard work so there is very little maintenance exprense. Most have new plumbing, roofs , furnaces, windows etc. Seller will only consider cash or investment style loan that uses Income value appraisal. Offers must be accompanied by a pre-approval letter by the company you intend to close with.Do not disturb tenants...Showings will be 1 day a week on Wednesday 2-3 These are an easy add to your rental portfolio.
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15BEDS
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N/AACRES
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5BATHS
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01/2 BATHS
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1,298SQFT
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$348$/SQFT
Description
Investment opportunity ! 5 single family residents sold as a package deal...listed individually on the MLS...please refer to individual listings for more information. Sold as a package 404 Sherman, 1019 Wayne Ave, 729 Burt, 142 State, 631 Euclid for $451,500. Monthly rent for package $4,750...$57,000 for the year.. Also available 832 Dibert, 833 W Liberty, 816 W Liberty, 713 Lowry, 622 Lowry for $470,000. Total rents are $4,625 per month $55,500 per year avg cap rate 12%. Can seperate into a minimum of 2 per deal call for details. This owner has renovated all the properties and maintains them very well..Tenants supply their own appliances, pay all utilities, trash and yard work so there is very little maintenance exprense. Most have new plumbing, roofs , furnaces, windows etc. Seller will only consider cash or investment style loan that uses Income value appraisal. Offers must be accompanied by a pre-approval letter by the company you intend to close with.Do not disturb tenants...Showings will be 1 day a week on Wednesday 2-3 These are an easy add to your rental portfolio.
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