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Listed by Don Petrasek of Howard Hanna (donpetrasek@howardhanna.com 216-978-5349)
Great Investment Opportunity: HIGH CASH-ON-CASH RETURN POTENTIAL. ATTENTION SAVY INVESTORS! Tired of bidding wars driving down potential returns on multi-family properties? This unique opportunity OFFERS POTENTIAL FOR REAL 11% - 15% CASH-ON-CASH RETURNS (including vacancy, repairs, and capex reserves). Located in an up and coming area, bordering Shaker Heights and close to the Opportunity Corridor, Case Western Reserve University, and Cleveland Clinic Main Campus. This two-family property boasts 2 bdrms & 1 bath in each 1000 sq ft+ unit, ORIGINAL WOODWORK IN GREAT SHAPE and a walk up attic that could also be finished for additional potential rent. While the seller is unable to complete renovations due to unforeseen circumstances, SUBSTANTIAL WORK IS ALREADY DONE (70-80% electrical and plumbing, windows either prepped for paint or vinyl, bathrooms & kitchens roughed-in). New furnaces and hot water tanks are also included. Additionally, the SELLER HAS PURCHASED AND WILL INCLUDE MANY OF THE MATERIALS YOU'LL NEED TO FINISH THE PROJECT, saving you time and money. Don't miss out on this chance to secure a prime investment property with exceptional return potential! Cash offers only, and no contract assignments.

Property Details of 11314 Mount Overlook Avenue

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Based on information submitted to MLS Now as of May 25, 2024 6:54 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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