Four bedroom house, City of Cleveland, USA

City of Cleveland, Cuyahoga County, Ohio, USA

Property ID: 41692967

Summary Data

Price £61,059
Price Type
Bedrooms 4 - Bed
Bathrooms 2 - Bath
Plot Size
Building Size
Sector Residential
Type Houses

Location Map

Property Description

This fantastic two 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
less than 1 mile to Collingwood High School, one of the best schools in Cleveland.
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs, The property was
recently updated and has tenants in place in both apartments each paying $600 in
rent each month. Like all properties through Global Investments the purchase is
subject to a full inspection, interior pictures will be completed on inspection. The
current market rent is $750 so should either tenant leave the rent could be increased.

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 less than 1 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

6.25 Years

No investment data available