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18948 Renwood Avenue

Euclid, OH 44119
  • $144,900
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 4411097
UPDATED: 80 min ago
$144,900
  • 4
    BEDS
  • 0.09
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,614
    SQFT
  • $55
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Century 21 Deanna Realty.
Listing information © 2022 YES-MLS.

Description

Awesome opportunity to step right into this turnkey investment. Property 100% occupied with automatic rent from Section 8 on the first-floor tenant, and Eden on the second floor; both paid at the first of the month electronically. Newer items: Boiler (about 2014), new garage floor, back driveway with new drain pipes (2018), new garage door (2021). Both units extensively remodeled and both tenants are long term tenants. Annual income $19,656, expenses: management 7% = 1376 taxes 2364 insurance approx 800 water/sewer 504.18 annual registration 400 landscaping 390 repairs 940 = $6774.18 NOI $12,881.82 CAP RATE 8.95%.

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Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Holden Agency are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-12-05T19:08:39.35.
www.theholdenagencyre.com/homes/133385366
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18948 Renwood Avenue Euclid, OH 44119

  • Price: $144,900
  • Status: Active
  • On Site: 71 Days
  • Updated: 80 min ago
  • MLS #: 4411097
4
Beds
2
Baths
0
½ Baths
0.09
Acres
2,614
SQFT
$55
$/SQFT
1915
Built
Neighborhood:
Renwood
County:
Cuyahoga
Area:
Euclid
School District:
Euclid CSD
Property Description
Awesome opportunity to step right into this turnkey investment. Property 100% occupied with automatic rent from Section 8 on the first-floor tenant, and Eden on the second floor; both paid at the first of the month electronically. Newer items: Boiler (about 2014), new garage floor, back driveway with new drain pipes (2018), new garage door (2021). Both units extensively remodeled and both tenants are long term tenants. Annual income $19,656, expenses: management 7% = 1376 taxes 2364 insurance approx 800 water/sewer 504.18 annual registration 400 landscaping 390 repairs 940 = $6774.18 NOI $12,881.82 CAP RATE 8.95%.
Exterior Features

Attached Garage YN No Construction Materials Aluminum Siding Exterior Features Paved Driveway Garage YN Yes Parking Features DetachedGarage Roof AsphaltFiberglass

Interior Features

Appliances RangeRefrigerator Basement Unfinished Basement YN Yes Below Grade Finished Area 700 Building Area Total 2614 Cooling None Cooling YN No Heating GasRadiator(S) Heating YN Yes Laundry Features In Unit

Property Features

Above Grade Finished Area 1914 Direction Faces North Gross Income 19656 Home Warranty YN No Listing Terms CashConventional Number Of Units In Community 2 Owner Pays None Property Sub Type Duplex Security Features Smoke Detector(S) Sewer Public Sewer Tenant Pays ElectricityGasHeatTrash Collection Township Euclid Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Century 21 Deanna Realty: (440) 731-8070.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Holden Agency are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-12-05T19:08:39.35.
 
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The Holden Agency
28 Park Ave West
Mansfield OH, 44902
Listing courtesy of Century 21 Deanna Realty.
Listing information © 2022 YES-MLS.