Renovation Highlights

  • Updated kitchen and baths!
  • New flooring & carpet throughout
  • Updated Electrical Panel
  • New Central Heating System
  • New Hot Water Tank
$ 112000
4 bd
2 ba
1495 sqft
Turnkey Income Property
Monthly Rent: $1350
**89 Ardmore, Cleveland Heights, OH 44121

Property Overview

  • Fully Renovated

    i Fully renovated is a general marketing term applied for properties which have undergone comprehensive renovation and/or refurbishment improvements. Please review the “Renovation Highlights” and be sure to inquire about specific improvements were completed to properties in which you have interest. Ultimately, you should only depend on your observations and any reports obtained for complete accuracy.
  • 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.

Property Features

  • 4 beds & 2 baths spacious home
  • has stair way-up to 3rd love for extra space
  • renovated throughout to homebuyer levels
  • 1st floor master bedroom and bath!
  • 3 beds on 2nd along with rear-facing sunroom!
  • 2 car garage

Property Highlights

  • Excellent floor plan
  • The 3rd level is usable space and not counted in sq ft
  • Financing available – cash on cash king!
  • Management in place & available!
  • Incredible value at cost per foot

FINANCIAL OVERVIEW: ARDMORE

Direct Offer

$112,000

Price w/ Agent

$115,500

20% Down Payment

$22,400

Preferred Lenders LINK

Annual Gross Income

$16,200

Est. Annual Property Taxes

$3,771

Annual Property Management

$1,620

*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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