Total Annual Rents: $28,140
Taxes : $2,767.06
-New Roof - with 30yr material warranty and 10yr labor warranty
-Three New Furnaces
-All New Vinyl Replacement Windows -Refinished Exterior Siding
-Updated Plumbing and Electrical
-New Storm Doors
-New flooring in several rooms
-New Tub Surrounds
City of Lakewood POS Violation Free
Long-term stable tenants Great Curb Appeal Great Location
Bringing in monthly rents between $650 to $1,200.
Ranging in price from $40k to $70k.
Turnkey real estate investing is a loosely defined investment strategy in which the investor buys a property that has already been rehabbed and tenant occupied through a third-party, usually from a long distance away. Their goal is to make the entire real estate investment process as simple as possible, so all you need to do it "turn the key."
Affordable turnkey investments. While a lot of the top of mind cities like LA might seem like great places to invest, a closer look reveals that their real estate is vastly overpriced, potentially requiring hundreds of thousands or even millions of dollars to acquire an investment. But in Cleveland, a full turnkey rental property—one that is cleaned, rented, managed, and cash-flowing right from the very first day—can be acquired for under $60,000. This enables investors to get in faster and even to invest in more properties for diversification.
Strong yields. A blue collar workforce in industries that cannot be easily outsourced can sustain solid monthly rental prices from $650 to $1,200.
We've been working hard here in the Cleveland area since the mid '90s. We've experienced all the highs and survived all of the lows that this industry has gone through. We have rehabbed hundreds of homes in nearly every neighborhood and know the complexities of each municipality in the area.
Above All, we are committed to a high standard of ethical business, focused on developing relationships of trust with our clients. We don't want to just sell a handful of rentals, we want to be your trusted partner for the Cleveland area.