Triplex with gross rents approx $2700/mo in the Waterloo area! Turnkey cash flow property with so many updates including upgraded electrical, vinyl plank flooring, updated kitchens and baths, etc. Spacious downstairs unit rent estimated conservatively at $1000/mo, a 2 bed, 1.5 bath that comprises the entire 1st floor (currently being marketed at $1100). Upstairs are two 1-bed/1-bath units, one is vacant, the other rented at approx $900/mo. The vacant unit was just remodeled, rent conservatively estimated at $800/mo (being marketed at $900). Other features include: plenty of off-street parking in the driveway (plus a 3-car garage, not used by the tenants), aluminum siding for worry-free maintenance, newer hot water tanks, separately-metered gas & electric, separate laundry facilities. Amazing location, near freeway access, just minutes to Downtown Cleveland, close to shopping, schools, restaurants, and of course, the Waterloo Business District!
Listing Courtesy of: Michael A Ferrante, info@21mike.com With Century 21 Homestar
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