Ron Witt
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13170 Forestdale Drive, Garfield Heights, OH 44125

$150,000
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New to the Market Status - Active
3BEDS 1 fullBATHS 5214674MLS# Cranwood Dev Cos Cranwood ParkSUBDIVISION Garfield Heights CitySCHOOL

Home Value Estimate


Description

CASH-FLOWING SECTION 8 INVESTMENT WITH RENT UPSIDE! Attention investors! Here's your opportunity to acquire a performing rental property with immediate income and strong upside potential. Currently occupied by a Section 8 tenant paying $1,600 per month ($19,200 annually), this property offers stable cash flow from day one. With market rents supporting approximately $2,200 per month ($26,400 annually) upon future tenant turnover, investors have the opportunity to increase gross rental income by nearly $7,200 per year. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a reliable buy-and-hold asset, this...read more

Features

  • Ceiling Fan(s)
  • Forced Air
  • 2.0 Stories
  • $0 / year Taxes
  • Public
  • Built in 1954

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