Five bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41693599
Summary Data
Price | £58,512 |
Price Type | |
Bedrooms | 5 - Bed |
Bathrooms | 1 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This great large five bedroom house is located on a nice street in the sought after area of
Glenville, just one mile to the centre of The University Circle.
There are five large bedrooms, one bathroom, a full basement, large lounge / dining room,
spacious kitchen and a large rear yard. The property has just been vacated and is in a
great condition. The house will be provided updated with some minor cosmetic repairs and
rent ready to a Section 8 standard. The works will begin as soon as the new owner closes
on the property, The management company will then place brand new tenants paying
$1,350 in rent each month.
Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo
District, Euclid, Bratenahl and the I90 (highway). The property is just half a mile from E105th
Street. The up and coming “ Opportunity Corridor “ and the final phase of a $306 million
roadway project. When completed, the three-mile Opportunity Corridor will connect
Interstate 490 at East 55th Street with East 105th Street and University Circle. A great
location for future capital appreciation.
Return of investment
19%
Break even in
5.26 Years