Three bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41703479
Summary Data
Price | £64,456 |
Price Type | |
Bedrooms | 3 - Bed |
Bathrooms | 1 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This large single family home is located on a very nice street in Woodland Hills, right next to
the Woodland Homes district just on the boarder of Buckeye Shaker. The house is just 2
miles from the entrance to the world famous Cleveland Clinic..
The property has three large bedrooms, One bathroom, a large lounge diner, a full basement
and a large rear garden. The house has just been refurbished and made rental ready and
also has a new driveway. The management company will place brand new tenants when the
new owner closes on the property. The house should achieve $1,200 – $1,400 in rent each
month based on current Section 8 rates. The property is under management with a great
local Cleveland property management company.
Woodland Hills is viewed as a very central location in Cleveland Ohio, it is just 5 miles from
Downtown Cleveland, just 2 miles from the University Circle & only 1 mile from Shaker
square. There are many new built homes being built in this area, increasing the value or
surrounding properties with a good potential for capital appreciation. New builds are selling
for over $300,000.
Return of investment
18%
Break even in
5.5 Years.