Discover a prime investment opportunity with this turnkey condo in the desirable Myles Landing community. This property boasts fresh paint, refinished hardwood flooring on the second floor, updated carpeting on the first, and refreshed kitchen and bathroom finishes, alongside solid mechanicals. Currently being marketed for rent at $1, 050 per month, this condo offers a remarkable chance for a hands-off rental investment with an impressive cap rate exceeding 12% once occupied. Don't miss out on this lucrative addition to your real estate portfolio!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
- Bathrooms On Main Level: 1
Appliances
- Laundry Features: WasherHookup, ElectricDryerHookup, LaundryRoom
Heating and Cooling
- Cooling Features: WallUnits
- Heating Features: ForcedAir
- Heating: Yes
Garage and Parking
- Parking Features: OnSite, Paved
Rental Info
- Existing Lease Type: Sublease
Homeowners Association
- Association: Yes
- Association Fee: 125
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, Insurance, MaintenanceGrounds, MaintenanceStructure
- Calculated Total Monthly Association Fees: 125
- Association Name: Banbury Village
School Information
- Elementary School District: Warrensville Heights - 1831
- High School District: Warrensville Heights - 1831
- Middle or Junior School District: Warrensville Heights - 1831
Other Property Info
- Annual Tax Amount: 901
- Source Listing Status: Pending
- County: Cuyahoga
- Directions: South of I-480
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Banbury Village Condo
- Parcel Number: 763-17-453
- Subdivision: Banbury Village Condo
- Township: Warrensville Heights
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1116
- Year Built: 1963
- Above Grade Finished Area: 1116
- Above Grade Finished Area Source: Assessor
- Construction Materials: Brick
- Entry Level: 1
- Levels: Two
- Living Area Units: SquareFeet
- Property Age: 61
- Property Condition: UpdatedRemodeled
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
- House Style: Multiplex
- Year Built Source: PublicRecords
- Architectural Style: Multiplex
Utilities
- Sewer: PublicSewer
- Water Source: Public
