18948 Renwood Avenue, Euclid, OH 44119

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BEDS4 BATHS2 full SQUARE FEET2,614 MLS#4411097
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONRenwood SCHOOLEuclid City

Property Description

Awesome opportunity to step right into this turnkey investment. Property 100% occupied with automatic rent from Section 8 on the first-floor tenant, and Eden on the second floor; both paid at the first of the month electronically. Newer items: Boiler (about 2014), new garage floor, back driveway with new drain pipes (2018), new garage door (2021). Both units extensively remodeled and both tenants are long term tenants. Annual income $19,656, expenses: management 7% = 1376 taxes 2364 insurance approx 800 water/sewer 504.18 annual registration 400 landscaping 390 repairs 940 = $6774.18 NOI $12,881.82 CAP RATE 8.95%.

18948 Renwood Avenue | MLS# 4411097

This multi-family property located at 18948 Renwood Avenue, Euclid, OH 44119 is currently listed for sale with an asking price of $144,900. Renwood Avenue is located within the Euclid City school district. Search Euclid real estate on www.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Garage: 2
Heating: Gas, Radiator(s)
Lot Size: 0.09 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: / year
Year Built: 1915


Paved Driveway

Feature Descriptions

Accessibility: None
Appliances: Range, Refrigerator
Days on Site: 69
Exterior: Aluminum Siding
Laundry: In Unit
Parcel#: 641-13-096
Parking: Detached, Garage
Security: Smoke Detector(s)
Sewer: Public Sewer
Units: 2
Water: Public

Local Schools

School District: Euclid City

Listed By / Shown By

Listed By

Agency Name: Century 21 DeAnna Realty
Agency Phone: (440) 731-8070

Shown By

Agency Title: M.C. Real Estate
Agency Phone:

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Estimated Payment

$ 650.45 per month $608.19 Principal & Interest $0.00 Property Tax (data not provided by mls) $42.26 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

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