Five bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41691549

Summary Data

Price £75,496
Price Type
Bedrooms 5 - Bed
Bathrooms 3 - Bath
Plot Size
Building Size
Sector Residential
Type Houses

Location Map

Property Description

This large three apartment multi family home is located on a very nice street in the
sought after area of South-Collinwood, it is just five minutes from the Lakeshore and
only half a mile to Collingwood High School, one of the best schools in Cleveland.
The property is divided into three large apartments. There are two large two bedroom
apartments and one large one bedroom apartment. All three apartments have tenants
in place, two paying $603 in rent each month and one paying $650 in rent each month.
The house is under management with a great local Cleveland property management

South-Collinwood is seen as a very strong investment area in Cleveland, this area is
surrounded by some great neighbourhoods like University Heights, Glenville,
Richmond Heights and Euclid, The property is just half a mile to Collinwood High
School one of the best schools in Cleveland. This is one of our most demanded areas
by investors

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 Years

No investment data available