Properties

33875 11th Street is comprised of an eight unit apartment building with all two-bed/one bath units. Adjacent is a four unit building consisting of all two bed/one-bath units, and a triplex with invd metered gas, electric, and water and one, three bed/two bath and two, two bed/one bath units.

Only All Cash Offers will be considered. Marketing Package can be found at goo.

Opportunity knocks! Two-structure, five-unit property on a level 1/4 acre. Owned by the same family for three generations, but now it's time for a new owner. Deferred maintenance; updates needed. Newer roofs. Separately metered.

22 units in an up & coming area w/in walking distance to DT Oakland. Fully occupied building on a large lot. Updates include: new windows/carpet/paint and some updated kitchens. Approximately $80K invested into one of the structures. 2 onsite laundry facilities and storage areas.

1146 McKinley is well maintained in the desired Cleveland Heights neighborhood. Many recent upgrades include replacing hot water heater and furnace while carefully preserving the original 1920's charm. All units offer high ceilings, eat-in kitchens, and either hardwood or wood laminate floors.

Five buildings n one secured, gated lot. Diverse unit mix. Well maintained. Strong current CAP rate with great rental upside.

The building was completely remodeled in 2008 with upgrades such as, but not limited to, dual pane vinyl windows, pergo floors, granite counter tops, new cabinets, new appliances, remodeled baths with shower enclosures, tile and vinyl floors. Five units have private patios.

Below market rents: 10.79 GRM on current rents-averaging $900/unit; 9.71 GRM on stabilized rents-$1,000/unit; 8.63 GRM on rehabbed rents-$1,125/unit (if units are rehabbed w/ updated kitchens & interiors). Stabilized rents are based on highest current individual rent of $1,000.

Well maintained 6 plex on a large lot. Private setting. All w/ 2 bedroom 1 bath. private backyard and patio. Fully rented for $1100 each. Coin operated laundry generate extra income. 2 parking each unit(1 carport, ). 1 unit is remodeled completely recently. All in good condition. Many upgrades.

Total 5 units, #A is 2br/1ba; other 4 units are 1br/1ba, all with private yard & carport. Tile roof, easy access to Hwy-101, 237 & 85. Current rent is way below market's due to all long term tenants (ave. 7+ yrs). separate laundy room w/coin machines, extra income.

Maximize ROI with very little updating and landscaping. 2 Buildings, 11 Units total.. with below market rents offering investor a nice stabilized return... Close to Shopping & bus lines in a clean residential neighborhood. Upside to a Market GSI $151,800 est.