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  • 44,112 ft2Area
  • 4Bedrooms
  • 1.1Bathrooms
  • 2Garages

934 Brunswick Rd., Cleveland Heights, OH 44112

Rehabbed in 2009, this BRICK colonial features front porch, rear deck, 2 car detached garage, hard wood floors, decorative fireplace with built in bookcases in the living room, formal dining room, AND FINISHED 3RD FLOOR to create 4 bedrooms. Both the kitchen and bath were updated. Additional full bath in basement.   Updated mechanicals include newer furnace, electric panel, kitchen and bath rehab and exterior paint.  This property is Section 8 approved, the same tenant in place since ’09 and will be conveyed to the buyer in compliance with the City of Cleveland Heights Point of Sale inspection requirements=VIOLATION FREE!  Offered at a 15% cap rate to the buyer.

Rent:  $1130 (Section 8 pays $845/month & tenant pays $285/month)

Taxes:  $199/month

Insurance:  $56/month

Management:  $113/month

NET:  $762/month ($9144/year?

Roman is the Principal Broker for Cleveland Asset Management and the Senior Note Buyer for our company.  He was originally licensed in 1993 and active in the note arena since 2012.  His focus has been predominantly working with investors in the purchase and sale of their assets, be they residential, commercial or note based.