Four bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41691110

Summary Data

Price £63,607
Price Type
Bedrooms 4 - Bed
Bathrooms 2 - Bath
Plot Size
Building Size
Sector Residential
Type Houses

Location Map

Property Description

This very nice two apartment multi family home is located on a nice street in
Corlett and is just one mile to John Adams College, one of the leading schools in
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs.Both
apartments are now vacant and will be supplied by the seller rental ready. The
management company will place brand new tenants when the new owner closes
on the property. Each apartment should achieve $750 in rent each month.

Corlett is viewed as a very central location in Cleveland Ohio, it is just 8 miles
from Downtown and 5 miles from University Circle. Also just 1.5 miles away you
have Lee Harvard shopping centre. The property is also just one mile to John
Adams College, 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

5.26 Years

No investment data available