Nubricks.com
Property Sales - 41695868 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This very nice four bedroom single family home is located in North Broadway which isjust 4 miles from Downtown Cleveland. This property is also just 1 mile from Slavic Villageone of the most demanded areas in Cleveland.The property has four bedrooms, one bathroom, a full basement and a large rear garden.There currently is a Section 8 tenant in place paying $650 in rent each month, the rent ispaid direct to the owner via the City of Cleveland. The current market rent for 4 bedroomsingle family homes in this location reach up to $1,150 so should the tenant leave in thefuture the rent could be increased.The house is under management with a great local Cleveland property managementcompany.
North Broadway is viewed as a very central location in Cleveland Ohio, it is just 4 milesmiles from Downtown and 4.5 miles from University Circle. The property is also just 1 milefrom Slavic Village. Slavic Village is going through large development projects. This isone of the most up and coming areas in the City and in huge demand from investors.
Return of investment
15%
Break even in
6.6 Years.
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£67,004
Global Investments Incorporated
Date added: 26 Sep 2023
£108,616
Date added: 08 Feb 2025