Three bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41691108

Summary Data

Price £55,115
Price Type
Bedrooms 3 - Bed
Bathrooms 1 - Bath
Plot Size
Building Size
Sector Residential
Type Houses

Location Map

Property Description

This fantastic large three bedroom brick built house is located on a nice street in
Union – Miles Park which is a great neighbourhood in Cleveland, this area is close to
Mount Pleasant and Slavic Village. It is also just a few minutes from John Adams
College And Career Academy, which is one of the best schools in Cleveland.
There are three large bedrooms, one bathroom a full basement and a large rear
yard. The property has just been refurbished to a good Section 8 standard. The
management company will place brand new tenants when the new owner closes on
the property. The house should achieve $1,200 each month in rent. The tenants
could either be Section 8 housing or private, the decision will be for the new owner.

Union – Miles Park is viewed as a very central location in Cleveland Ohio, it is just 8
miles from Downtown and 5 miles from University Circle. University Circle has the
highest concentration of cultural attractions and performing arts venues in the whole
of the US. The house is also just 4 minutes to John Adams College And Career
Academy, which is one of the best schools in Cleveland.

Investment Calculations
Purchase price
Gross annual rental income:
Property running costs:(Tax, insurance and management costs)
Net annual rental income:
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment


Break even in

5.5 Years.

No investment data available