1315 E 114th St

1315 E 114th St

Available: 4 tokens at $60+

Min Investment
Cleveland, OH
Projected Return

Company Description

Single Family Home located in Cleveland, Ohio.

Renovated with 4 bedrooms
Located in an up-and-coming area just north of University Circle
Renovations completed in 2022: New flooring vinyl/carpet/tile, new cabinets and countertops in kitchen, new bathroom vanity, toilet, and tub, new faucets and fixtures, and new interior painting
6 minutes to Cleveland Lakefront & 25 minutes to Cleveland Airport
The Closing Costs have been increased to $12,535 to account for repairs/improvements which will be made post-closing by the Property Manager, FYVE. See the Inspection Report Repairs document for more details.

Property Management and Insurance

Managed by Northpoint Asset Management
Insurance Policy from Shelter Mutual Insurance Company

Occupancy Status

Investors will begin receiving daily rent starting on the same day an investment is made. Rental income is paid via a two-month rent credit provided by the seller at the Property Manager's projected rental rate of $1,275/month.
HouseCanary projects the rent for this property to be $1,409

Location Data

2.5/5 Neighborhood Rating on Roofstock
"B" Rating for Zip Code on Niche

Due Diligence Documents

HouseCanary Property Valuation Report
Inspection Report
Inspection Report Repairs
Renovations and Updates
Purchase Agreement
Operating Agreement
Title Report
View All Documents
Amount Raised : $0
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