Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41694658
Summary Data
Price | £63,607 |
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 nice street in St.ClairSuperior which is just 3 miles to Downtown Cleveland. Properties close to the City rarely
come onto the market at the right price as there is huge potential for future capital
appreciation.
The property is split into two apartments. You have a large two bedroom apartment
downstairs and a large two bedroom apartment upstairs. Both apartments have tenants
in place each paying $600 in rent each month. The current market rent for these
apartments is $800 – $850 each
The property is under management with a great local Cleveland property management
company.
St.Clair-Superior is an extremely well located suburb which is just 3 miles East of the
centre of downtown. The property is very close to Burke Lakefront Airport just to the
North. Due to the proximity of the City and every amenity possible this area is very highly
demanded for rentals.
Return of investment
16%
Break even in
6.25 Years