Multifamily Investment Opportunity Available
12021 Griffing Avenue
Acquisition Price: $46,000
12029 Griffing Avenue
Acquisition Price: $69,000
Great opportunity to invest in the solid rental market of Cleveland, OH. Each of these properties is a duplex with a third studio unit on the top floor. 2 OUT OF 6 Units are currently vacant. Annual Rental income As-Is: $24,192. There is value add opportunity in filling the two vacancies to 100% occupancy. Can't lose with a deal like this one and it probably will not last too long guys!
CURRENT MONTHLY RENTAL INCOME: $2,016/month
Unit A - $711/month (*Section 8)
Unit B - $405
Unit C - $450
Unit D - $450 (*Government Assistance)
Unit E - Vacant (Studio upstairs)
Unit F - Vacant (Studio upstairs)
12021 Griffing Avenue -
12029 Griffing Avenue -
For more information and to schedule a showing contact Trevor at sarter@promiselandrealtyllc.com
"Brick By Brick"
PROMISE LAND REALTY, LLC
Work: 313-307-6616
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*
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