Address: 10904 Tacoma Ave Cleveland, OH 44108 This is a cashflow property. With taxes of only $521.64 per year and with two units, this is a true cash cow. The bottom unit is currently rented for $525/mo. The top unit will be delivered vacant, or we can place a tenant for you. Market rent for the unit is around $550-$650/mo. The property needs no work. Start collecting rent! ROI numbers are below. Purchase Price: $60,000 Estimated Monthly Rent: $1,125/mo. Yearly Rent: $13,500 - Yearly Insurance: $600/yr. - Maintenance (10%): $1,350/yr. - Vacancy (5%): $675/yr. - Management (10%): $1,350/yr. - Taxes: $521.64/ yr. =$9,003.36/yr. Net Income $9,003.36 / $60,000 = 15% ROI We will accept cash or pre-qualified buyers to purchase. If interested, call/text 216-586-4917.
Off market
$101,300
10904 Tacoma Ave, Cleveland, OH 44108
5beds
2,040sqft
MultiFamily
Built in 1915
-- sqft lot
$101,300 Zestimate®
$50/sqft
$1,000 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Cooling
- None
Features
- Basement: Partially finished
- Has fireplace: No
Interior area
- Total interior livable area: 2,040 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Other
Lot
- Size: 5,663 sqft
Details
- Parcel number: 10917099
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
Materials
- Roof: Asphalt
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Cleveland