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)
NET: $762/month ($9144/year?