7 cash flowing units on Clevelands Eastside bringing in over 6800 per month!
This brick building is located up the hill near some of Cleveland Heights hottest neighborhoods such as Coventry village, Severance center and University Circle and just a 10 min drive to Cleveland Clinic Main Campus- making it a primo location for tenants. Consists
of 4-HUGE and rare 3 bedroom units, 2- 2 bed units and a studio in the lowest level. Each unit has its own furnace, better quality cabinets, granite countertops and vinyl windows. This property is primarily occupied by CMHA tenants which provides the owner guaranteed cash flow.
You'll find newer HWT's, new PEX plumbing and coin op laundry in the basement. There is 1st position seller financing available for qualified buyers. Terms based on downpayment and buyers experience. Watch our 3D tour to virtually walk a 3 bed unit. Due diligence packet and OM available. Copyright © 2023 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Spacious Studio - 2 Full Baths - Cleveland - - Tenant Pays Gas & electric
- There is a $50 flat monthly fee for water
- Includes a Gas Stove & Refrigerator
- NOT Pet Friendly
- Includes a Locked Storage Unit 6x8 in the Basement
- No Washer/Dryer Hook up Available - No On Site Laundry Permitted.
Screening:
-We charge $65 per person over the age
of 18 which covers our cost for completing the screening process.
-We screen using credit, background and eviction checks as well as income verification and rental history.
-Please include in the application your last 3 pay stubs and your Photo ID
-If interested please apply.
We look for ways to approve tenants. Many tenants who did not think they qualify do.
Co-signers:
Please keep the following in mind when deciding whether to proceed with being a co-signer.
-Your credit score must be a 700 or higher
-You cannot have any accounts in collections
-You must not have any evictions in your rental history or foreclosures if you owned a home
-You cannot have any criminal background - traffic
offenses are excluded
-May not have filed bankruptcy in the last 10 years
-Your income must be sufficient enough to cover your expenses and those of the applicants you want to co-sign for - We look at the rent to income ratio and want that amount to be less than 22% - Applicants and co-signer income are combined and that amount is what we use to determine the RTI
-You cannot include any income that is not able to be placed for collections - for example, SSI, SSD, child support, unemployment, etc.
Maintenance: Many people ask whether they can do work to a property. Sandstone Realty has their own maintenance department and we do make sure the properties we manage are safe homes to live
in. However, to protect our owners, we do not allow tenants to make changes or repairs to the property, including painting.
If you have a maintenance request, you are able to make those requests using your tenant portal.
Neighborhood: Many times, people will ask what a specific neighborhood or area is like. We cannot easily answer that question because everyone has a different opinion on that. Our suggestion is to drive by a property at several different times of the day and you will get a very realistic feel for what you can expect when you live at this property. You may also call the local police departments for more detail about any crime in the area.
This property could rent any day and we rent on a first come first served basis.
To schedule a showing instantly online visit www sandstonepm com or call.
Are you a landlord? Check out our services at www sandstonepm com
No Pets Allowed
