Property
Beds
7
Full Baths
2
1/2 Baths
1
Year Built
1923
Sq.Footage
3,600
CASH COW | TURNKEY SHORT-TERM RENTAL BUSINESS | 5+ YEAR RENTAL HISTORY | SELLER FINANCING AVAILABLE Multifamily property with multiple purchase options. Purchase the property as a traditional multifamily investment or owner-occupant property, or purchase the property along with the established short-term rental business. The short-term rental business is being offered as an established, turnkey operation with a 5+ year rental history, existing furnishings, bookings, and operating history. The short-term rental operation has averaged $78,200 in gross annual revenue, with more than $10,000 in Q4 bookings already scheduled. Current owners are also willing to continue managing the short-term rental operation for the new owner. Contact the listing agent for additional details regarding the business sale and management options. Recent improvements and features include roof (2011), windows and siding (2016), electrical panel (2016), heated soundproof garage (2016), furnaces (2017), central air (2017), plumbing (2017), driveway (2022), all-new drywall, 15 feet of granite countertops, outdoor refrigerator, keg fridge, grill, snowblower, private backyard oasis custom 14' x 15' rough-sawn cedar pergola with metal roofing, cedar privacy fence, and a 36-inch, 100,000 BTU fire ring built over a concrete foundation with a dedicated hose connection and built-in tank storage. A waterfall feature and thoughtfully designed outdoor entertaining space complete this turnkey property, making it ready to enjoy or operate from day one. Seller financing available. The seller is willing to finance up to $200,000 for a qualified buyer. Contact the listing agent for additional terms. Verified short-term rental earnings documentation is available to qualified buyers. Buyer to independently verify income, expenses, licensing, zoning, short-term rental requirements, permits, and business transfer details. Open house : Oct 7th 4pm-7pm
Features & Amenities
Interior
-
Total Bedrooms
7
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Above Grade Finished Area
3600.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Brick, Vinyl Siding
-
Parking
Driveway, Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1332
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$499,000
-
Tax Amount
$5,354
-
Sq. Footage
3,600
-
Price/SqFt
$138
HOA
-
Association
No
School District
-
Elementary School
Lakewood CSD (Cuyahoga)- 1817
-
Middle School
Lakewood CSD (Cuyahoga)- 1817
-
High School
Lakewood CSD (Cuyahoga)- 1817
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Cuyahoga
Elementary School
Lakewood CSD (Cuyahoga)- 1817
Middle School
Lakewood CSD (Cuyahoga)- 1817
High School
Lakewood CSD (Cuyahoga)- 1817
Listing Courtesy of Jacob L. Hamilton, Real of Ohio
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Agent / RealtorĀ®
Carla Ponikvar
Call Carla today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.Ā© 2024 FMLS.