Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41694776
Summary Data
Price | £57,662 |
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 multi-family home is located in Mount Pleasant and is only seven minutes
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 downstairs and a large two bedroom apartment upstairs. The property has
long term tenants in place in both apartments each paying $600 in rent each month.
The current market rent is $750 for each apartment. The property is under
management with a great local Cleveland property management company.
Mount Pleasant is seen as a very strong investment area in Cleveland, less than 2
miles away you have the famous Shaker Square which is one of the biggest attractions
in Cleveland. Shaker Square is full of restaurants, bars, boutiques and even has a
cinema. This property is also only 6 miles from Downtown and 4 miles from the
University Circle.
Return of investment
17%
Break even in
5.8 Years.