3731 E 144th St

Cleveland, OH 44120
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5 bd, 1 ba | 1,536 sqft | Built in 1945

Sold

Exclusive

List Price
$74,000

Initial Investment

$23,669
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

09/15/2018

Lease End

04/01/2021

Lot Size

4,269

HOA

None

Flood Risk

Not Required

  • Seller willing to replace the furnace prior to COE (with a qualified offer)
  • Built in equity, comps at $87k
  • Great location, 20-minutes outside of Downtown Cleveland
  • Section 8 tenant (100% government paid)
  • Living area includes a finished basement (can be used as 5 bedroom home)
  • Seller recently made repairs on home, view inspection documents for more info
  • August rent has been paid. See ledger in diligence vault
  • October rent has been paid. See ledger in diligence documents
See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,218

Expenses

-$3,859

Property Taxes

-$1,900

Loan Payments

-$3,076

Net Cash Flow

$2,382

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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