6 bedroom house for sale

Cash-flowing Student Housing in walking distance to Case! This FURNISHED and remodeled 6-bedroom, 2 1/2 bath house with CENTRAL AC is currently rented to students through 2025 and generating over $45K in annual GRI. This group of students had negotiated a lower price because they rented two homes. Fair market rents for furnished houses with Central AC are typically for $700-800 per bedroom, depending on bedroom size, so this home should generate between $50K-$57K in GRI without additional CapEx. This property, which was renovated approximately 10 years ago, has central AC, in unit washer and dryer, vinyl windows and a newer roof. Low maintenance brick and vinyl siding. All furnishings will transfer with title. Tenants reimburse ALL utilities including water and sewer. Seller is also selling 2189 Rexwood (3-unit) and 2634 Colchester (3 units) - both in Cleveland Heights