3850 W 17th St

3850 W 17th St

Available: 370 tokens at $50+

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Min Investment
$51
Location
Cleveland, OH
Projected Return
7.67%
Valuation
$166,700

Company Description

This property is a fully renovated and fully occupied Duplex located in an A.I. recommended neighborhood of Cleveland.
The following renovations have been completed: Fully renovated kitchens, fully renovated bathrooms, new electrical panels, new furnaces and hot water tanks, new paint in all interior rooms, new LVP flooring, and painted hardwood floors.

Upper unit: 1 year lease until 12/31/2022 paying $800/month.
Lower unit: 1 year lease until 12/31/2022 paying $850/month.

This property comes with a 1 year home warranty.

Updates:

Update 9/28/2022: The tenant the Upstairs unit has moved out without notice and left trash on the exterior of the property. This caused the property to be cited with violations by the city. The Property Manager is working on a turn estimate scope and will send over an estimate for the Upstairs unit shortly. The target rent for the unit will be $900-$1000. This is a $100-$200 increase (12.5% - 25%) from the previous lease. The PM expects the unit to be listed by 10/15. You will continue to receive daily rental income moving forward via the Vacancy Reserve.
Amount Raised : $0
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