3248 E 139th St
Cleveland, OH 44120
Turnkey 8 Unit Apartment Building! · Immeuble residentiel Propriété À vendre · 8 Unités

Incredible opportunity to acquire an absolutely TURNKEY 8 unit property bringing in nearly $7,000 per month currently! This property contains (8) two bedroom, one bathroom units that have all been completely renovated including vinyl plank flooring, paint, updated kitchens with new cabinets, and updated bathrooms. In addition, ALL NEW MECHANICALS have been installed (furnaces & HWT's) as well as electrical and plumbing updated. The roof was also completely replaced in the last couple years. This is truly a turnkey opportunity and will allow a new owner walk into consistent cash flow right from day 1! Rents are currently under market and a savvy owner can easily bring the income to $8,000+ per month through organic rent bumps (or more through renting to section 8, voucher holding tenants)! There is also coin operated laundry in the basement as an added amenity for tenants. Tenants are responsible for gas and electric. Owner pays water/sewer and trash.