Sixteen bedroom multi unit, City of Cleveland, USA

This fantastic opportunity to obtain a fully rented brick built eight apartment multi-family home is located in the sought after area of
Glenville, just one mile from Glenville High School which is one of the best schools in Cleveland.
The property is divided into eight large two bedroom apartments. Six of the apartments have either Eden or Section 8 tenants in place,
this means the rent is paid direct to the landlord via the City of Cleveland. The remaining two apartments have good private tenants in
place. The total monthly rental income is $6,477
The building is actually legally registered as a 10 apartment property. There are two basement units that are currently used for storage
that should the new owner wish, could invest approx $40,000 and create 2 additional apartments. This is purely optional but could
increase the value and income of the property.

Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District, Euclid, Bratenahl and the I90
(highway) Lakeshore is appealing for bus lines, bike trails, and allows access to the beach parks in the neighbourhoods on the
Northside. It is also just 5 miles from Downtown and just 2 miles from the University Circle. The property is also only 5 minutes from the
beautiful Cleveland Cultural Gardens.