Two Buildings /12 Units !
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Item Description
No Reserve
Each unit consists of 4 rooms plus a bathroom in each unit- Kitchen, bedroom, dining, living. Many of the furnaces have been recently replaced. All units are in working order and rented . 3 Vacant units are already rented and will be moved in September 1st. $250 each unit. Rent increase is suggested as of Jan 1,2011 to $300.00.
Rents are priced lower than normal but consistent.
Steady Flow of income
Separate gas and electric for each unit. Nice brick construction on a nice street(see pics). big vacant green space around building and excellent location being just minutes to The Cleveland Clinic Foundation. The Kenmore neighborhood has a lot of new homes built and has been redeveloped in recent years.
8601-8609 Kenmore Avenue Cleveland Ohio 44106
Built in 1920, Square footage 8,244
Expenses for the Year
$2,562 Taxes- Yearly
$1,200 Water- Yearly avarage
$456 Electric for common areas-Yearly Average
We'll take care of property management .
INCOME
Monthly Yearly
12 Units ***$250.00 per unit$3,000---->$36,000
Jan 1st ***$300 .00 per unit $3,600--->$43,200
Property Management fee 10% of collected rent
Roof is in good condition.
There are no violations
Payment Details

No Financing available.
You will receive a warranty deed, the property is being transferred with NO leins.

The process of this transaction is as follows, earnest money in the amount of $10,000 be sent through bank wire within 24hrs of auction ending.You will then be provided the contract of sale to be signed and balance due within 3 days.
(Additional fee) $1,500 for closing costs which includes title insurance
*********** No Financing available***************
******Please be sure to forward all contact information including Full name & address for contract & deed.
The property is being sold as is,where is. There are NO late taxes or leins. Its free & clear.******
Additional Information
NJ Finders Keepers is wholesale investment company that specializes in buying & selling homes.We market properties that need little or no repairs.Serious investors also have the option to purchase our move in tenant ready homes.
Need a portfolio well this is Finders Keepers niche in realestate, ranging from single family, duplexes and apartment buildings. We create package bulk sales taylored to your portfolio so if you want all multifamly homes in your package then whats what you'll get.Catering to your formula is what makes Finder Keepers the place to come back to for more investments.

We transfer property with clear title & a warranty deed. Our properties we sell are free & clear of any leins

NJ Finders Keepers will market your property's unique features, show you ways to increase its appeal, and price it in order to get the best return in the current market, whether working hard now to fill your vacancy, or to renew a lease . We listen to your concerns as well as take care of tenant issues, and respond promptly and appropriately to both. We're accessible. We're in touch.

  • Thorough prospective tenant screening
  • Collect rents in a timely manner
  • Periodically raise rents to reflect market
  • Relieve owner of tenant complaints, repairs, vacancies
  • Property Management fee is 10% of collected Rent
  • Free ebay templates
    Free ebay templates at BiggerBids.com.