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Community Property Solvers LLC

PO Box 46141
Bedford, OH 44146
 (330) 398-6989
Contact Us

Community Property Solvers LLC

PO Box 46141
Bedford, OH 44146
 (330) 398-6989
Contact Us

3687 E 116th St, Cleveland, OH 44105

9 Bedrooms / 7 Baths / Multiple Family

Property Status: Available |  For Sale: $155,000.00



OWNER FINANCING PROPERTIES AVAILABLE (CLEVELAND APARTMENT)


Property Details:
Property Style:
2-Story
Year Built:
1925
Finished Sq. Ft:
1,069
Basement:
No Basement
Owner/Agent:
Individual Owner

Property Description
FOR CASH SALE: $155,000

FOR OWNER FINANCING: $165,000

20% DOWN PAYMENT: $35,000

$800 PER MONTH

5 YEARS AT 8% BALLOON PAYMENT



# 3689 - $525

Front store unit - right



# 3685 - business

Wellness Business

Front Store unit - left

Rent $600



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Unit # 1 - 2 beds - 580



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Unit # 2 - 3 beds - 575

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Unit # 3 - 2 beds - 480

Smaller unit

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Gross Income - $2,560 monthly

Net Income - $2,160 monthly

Expenses - $400 monthly

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Yearly Gross Income - $30,720

Yearly Net Income - $25,920

Yearly Expenses- $4,800

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Cap Rate - .24%

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Condition of units - good

Taxes $1,100 yearly

Sewer $75

Water $80



Owner is downsizing.

 

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