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OFF-MARKET CLEVELAND MULTIFAMILY PACKAGE | DUPLEX + TRIPLEX | 5 TOTAL UNITS

• 6 Beds / 3 Baths • 3,041 SqFt

Available

Offer Submission Deadline

House Type 2-4 Unit
Bedrooms 6
Bathrooms 3
Year Built 1918
Approx.SqFt. 3041
Lot size SqFt. 4480
Garage No Garage

Description

THE PRICE SHOWN HERE IS 105k ONLY FOR THE TRIPLEX. If you want the duplex info, let me know, and I'll send it. It should be here on InvestorLift, though. I also have videos.

THE EMD IS BASED ON LOCKING UP THE 2 PROPERTIES

Rare opportunity to acquire two neighboring multifamily properties in Cleveland as one package. The package includes a duplex and a triplex, offering five potential income-producing units with strong value-add and buy-and-hold potential.

— Duplex

Purchase Price: 95k
Estimated Rehab: 51.15k
Estimated ARV: 175k
Purchase + Rehab Basis: 146.15k
Gross Potential Profit: 28.85k
Projected Gross ROI: 19.74%

— Triplex -- THIS POST IS this one

Purchase Price: 105k
Estimated Rehab: 44.99k
Estimated ARV: 190k
Purchase + Rehab Basis: 149.99k
Gross Potential Profit: 40.01k
Projected Gross ROI: 26.67%

Combined Package Financials

Package Purchase Price: 200k
Combined Estimated Rehab: 96.14k
Combined Estimated ARV: 365k
Total Purchase + Rehab Basis: 296.14k
Gross Potential Profit: 68.86k
Projected Gross ROI: 23.25%
Basis Before Closing and Selling Costs: 81.13% of ARV
Total Units: 5
Investment Strategy: Buy and hold, BRRRR, or multifamily value-add
Title Company: Pinnacle Escrow and Title, LLC

Profit and ROI are calculated before financing, holding, closing, and resale costs.

Strong opportunity for an experienced investor looking to renovate, stabilize, and retain two multifamily properties for long-term rental income and appreciation.

Next Steps

Contact us if you need additional information
Schedule a property walkthrough, if applicable
Make your best and final offer
Sign an assignment agreement or direct agreement
Send EMD within 3 hours of signing
Lock up the deal
Make money and repeat :)

For questions or to make a deal happen, call:

George(954) 282-1367

Disclaimer

IMPORTANT: Both properties are being sold together as one package. This listing represents an assignment of a purchase contract or direct contract as a double close, if applicable—not a direct property sale. Buyer is responsible for conducting their own due diligence and verifying property configuration, unit count, zoning, rents, condition, repair costs, and all financial information. Information provided is believed to be accurate but is not guaranteed.

Time-sensitive opportunity—this package is being offered to multiple investors.