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 |
Subtype | |
Tenure | |
Completion | |
Parking |
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
Return of investment
16%
Break even in
6.25 Years