Three bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41693190
Summary Data
| Price | £55,115 |
| Price Type | |
| Bedrooms | 3 - Bed |
| Bathrooms | 2 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This nice two apartment multi family home is located on a nice street in South Broadway
which is just 6 miles from Downtown Cleveland. This property is also just two minutes
and just a short walk to the centre of Slavic Village one of the most demanded areas in
Cleveland.
The property is split into two apartments. You have two large two bedroom apartment at
the front of the property and a large one bedroom apartment at the rear of the property.
The apartments have tenants in place. One paying $600 and one paying $400. The
market rent is currently closer to $750 & $600 so should either tenant leave the rent
could be increased. The house is under management with a great local Cleveland
property management company.
South Broadway is viewed as a very central location in Cleveland Ohio, it is just 6 miles
miles from Downtown and 5 miles from University Circle. The property is also just a short
walk to the centre of Slavic Village. Slavic Village is going through large development
projects with many new build homes also being built on vacant plots. This is one of the
most up and coming areas in the City and in huge demand by investors.
Return of investment
15%
Break even in
6.6 Years