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Listed by Tal Tamir of Russell Real Estate Services (tal@premierclevelandinvesting.com 216-870-8687)
Massive value-add opportunity for an investor to create significant equity and instant scale! This mixed portfolio including single family and multifamily presents the perfect opportunity to create equity through significant rental premiums available. All tenants in the portfolio are month to month allowing a buyer to immediately implement a value add business plan and take this portfolio to the next level. Currently grossing $16,360 per month, with bringing rents to market and taking advantage of section 8 premiums, an investor should easily gross over $24,000 per month! The portfolio is made up on (6) single family homes (3-4 bedrooms), (1) duplex, and (2) apartment buildings (8 and 9 unit buildings). Owner pays water/sewer for all properties currently (opportunity to pass this to tenants) and common electric and gas for the apartments.

Property Details of 4296 Warner Road

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Based on information submitted to MLS Now as of October 4, 2024 8:30 AM 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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