Seven bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41691211

Summary Data

Price £79,742
Price Type
Bedrooms 7 - Bed
Bathrooms 3 - Bath
Plot Size
Building Size
Sector Residential
Type Houses

Location Map

Property Description

This fantastic large three apartment multi family home is located in the Waterloo Art District
in North Collinwood, right next to the Lakefront and close to the new Amazon facility. The
Waterloo District is known as a bustling area with art studios, entertainment, restaurants,
bars and retail, it is the place to go out on the Eastside of Cleveland.
The property is split into three apartments, there are two three bedroom apartments and also
a one bedroom attic conversion. The property has been updated throughout to a great
rental ready standard and key ready.. The management company will place brand new
tenants when the new owner closes on the property. The three bedroom apartments should
achieve $750 in rent each month and the attic apartment $550 in rent each month.

The Waterloo Arts District is a funky, indie community, with lots of cool little galleries and
studios. You can hear live music at one of the best venues in the country or browse an
awesome indie music store. The coffee shops roasts all their own beans, and there are
plenty of great places to eat within a five-minute drive.Just ten minutes to downtown
Cleveland, the Lakefront is also just five minutes away.

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

4,54 Years

No investment data available