About This Home
This 2-bedroom, 1-bathroom condo at 101 S Rocky River Drive #307 in Berea, OH is listed for $72,000 ($168 per sqft). Built in 1964, the home offers 428 sqft of living space on a 0.00 acres lot.
Key Features
- Built in 1964
- 0.00 acre lot
Property Details
Amenities
This well-maintained condo in Berea offers an attractive opportunity for investors looking to add an income-producing property to their portfolio. Featuring 2 bedrooms, 1 full bathrooms, the unit offers a practical layout with plenty of room for everyday living.
The property features a durable brick exterior. Inside, the condo has been nicely updated with luxury vinyl plank flooring, fresh neutral-colored paint, and upgraded electrical and lighting fixtures, creating a clean and modern interior. Located within the Tudor House condominium community, residents also have access to community amenities including a swimming pool.
The unit is currently tenant occupied and generating $660 per month in rental income on a month-to-month lease, making it a great option for investors seeking an established rental with immediate cash flow. Conveniently located near the Cleveland Metroparks, Coe Lake Park, the Berea Municipal Outdoor Pool, shopping, dining, and all the conveniences Berea has to offer.
Full-service property management is available with dedicated teams for leasing, marketing, and tenant relations, as well as rehab and construction services for remote investors. With an existing tenant, solid monthly rental income, updated interior finishes, garage parking, and community amenities, this Berea condo is a strong addition to any rental portfolio. No wholesalers, seller financing, or low-ball offers.
Monthly Cost Estimate
$571/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 S Rocky River Drive #307
Berea, OH 44017
Parkview Commons Condo
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 2-bedroom, 1-bathroom condo at 101 S Rocky River Drive is listed at $72,000 ($168/sqft). The estimated monthly payment is $571 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $186/month.
Key features include: Built in 1964, 0.00 acre lot.
This property is listed by Michael Azzam and can be reached at 2164467606.
