Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41693446
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 large two apartment multi family home is located in the heart of Buckeye Shaker and
is less than a mile from the famous Shaker Square. Shaker Square is one of the biggest
attractions in Cleveland and is full of restaurants, bars, boutiques and even has a cinema.
The property is divided into two large apartments, you have a large two bedroom
apartment upstairs and a large two bedroom apartment downstairs.The property has a
tenant in place in one apartment paying $500 in rent each month. The second apartment
is vacant and needs some cosmetic repairs to bring it up to a good rental ready standard.
The works will begin as soon as the new owner closes on the property and are included in
the price. Once completed the management company will place a brand new tenant for
$750 per month.
Buckeye Shaker is seen as a very strong investment area in Cleveland, less than a mile
away you have the famous Shaker Square. The house is also right next to Buckeye Road
which is host to a multitude of many quality cafe’s, restaurants, beauty salons, fashion
shops and many small businesses. This house is extremely well located.
Return of investment
17%
Break even in
5.8 Years.