Eight bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41691259
Summary Data
Price | £297,143 |
Price Type | |
Bedrooms | 8 - Bed |
Bathrooms | 6 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This fantastic brick built six apartment multi family house is located on a nice street in
Maple Heights which is a great neighbourhood in Cleveland, this area is close to Lee
Miles, Garfield Heights and is walking distance to Maple Heights high school.
The property consists of six one and two bedroom apartments. All six apartments
haver been completely refurbished to a high standard. There are now tenants in 5
apartments. The management company will place a brand new tenant in the
remaining apartment when the new owner closes on the property. The current market
rent is $750 per month.
Once placed the total monthly rental income will be $3,810
Maple Heights is viewed as one of the best areas of Cleveland. The property is just
half a mile and walking distance to Maple Heights high school. The high school is
very well known and respected in the area. A new 5,000 capacity stadium with
artificial turf and an all-weather track opened in 2014, home of the Maple Heights
Mustangs.
Return of investment
10%
Break even in
10 Years.