Renovation Highlights

  • Updated kitchen and baths!
  • Drywall repairs and fresh paint throughout!
  • New flooring & carpet throughout
$ 105,000
3* bd
1 ba
1,344 sqft
Turnkey Income Property
Monthly Rent: $1,225
**653 Hillcroft, Warrensville Heights, OH 44128

Property Overview

Handicapped accessible property with tenants who've just renewed for 2nd year at $1,225/month + $125 for water/sewer. This is a highly sought after neighborhood due to its very close proximity to the largest AMAZON center just built in the entire state. Also a nice park just around the corner. Prices are rapidly appreciating and there a long term tenants in place who require handicap accessibility. The property is originally a 3bed floor plan which was completely retrofitted to a 2bed + enlarged wheelchair accessible bath.
  • 1 Year Warranty

    i This property is offered for sale in a structured format designed for turnkey property buyers. As such, a 1 year home warranty is included in the price and is currently offered through America’s Preferred Home Warranty (APHW). APHW forms must be included in your purchase-paperwork package in order to apply. Please refer to this documentation for program details.
  • Financing Available

    i This property is eligible for financing. You are welcome to use your own lenders (please have a qualified lender pre-approval ready), or ask us for our preferred lenders and we are happy to provide a referral.
  • Recently Renovated

    i recently tooltip sentence describing this service

Property Features

  • Original 3bed home completely retrofitted for handicapped access
  • Exterior ramps & enlarged shower for wheelchair entry
  • Updated kitchen
  • Partially finished basement
  • Attached garage

Property Highlights

  • Long term tenants – just renewed for another year!
  • Specialty property – handicapped accessible!
  • 1/4 mile to new AMAZON location
  • TOP APPRECIATING LOCATION!
  • Management in place & Finance Available

FINANCIAL OVERVIEW: HILLCROFT

Direct Offer

$105,000

Price w/ Agent

$108,500

20% Down Payment

$21,000

Preferred Lenders LINK

Annual Gross Income

$14,700

Est. Annual Property Taxes

$2,310

Annual Property Management

$1,470

*Rate is for illustration only. Lender fees may apply.

Disclaimer: The estimated analysis are presented in good faith and in no way represent a commitment on the part of the Seller(s), or any affiliate thereof, to provide the returns indicated herein. Please be sure to understand the risks associated with investing in real estate and make appropriate assumptions. Any promotions or other marketing statements must be included in the transactional paperwork associated with the property in order to be valid. 2020realestate.com is not a lender or property owner. Please be sure to conduct your own due diligence and seek your own professional advice.

Resources

Preferred Insurance Provider

NREIG.com

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