Five bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41690589
Summary Data
Price | £75,496 |
Price Type | |
Bedrooms | 5 - Bed |
Bathrooms | 3 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This fantastic very large three apartment multi family home is located on a nice street in South
Broadway which is just 4 miles from Downtown Cleveland. This property is also just two minutes
and just a short walk to the centre of Slavic Village one of the most demanded areas in
Cleveland.
The property is made up of two very large one bedroom apartments and one large three
bedroom apartment. All three apartments are vacant and currently being made rental ready by
the seller. There are some final cosmetic repairs that will be completed after the new owner
closes on the property. Included in the price is 1 months rental while the works are being
completed. When finished the management company will place brand new tenants. The one bed
apartments should achieve $600 in rent and the three bed apartment $850 in rent each month.
South Broadway is viewed as a very central location in Cleveland Ohio, it is just 4 miles miles
from Downtown and 5 miles from University Circle. The property is also just a short walk to the
centre of Slavic Village. Slavic Village is going through large development projects with many
new build homes also being built on vacant plots. This is one of the most up and coming areas in
the City and in huge demand by investors.
Return of investment
23%
Break even in
4.34 Years