Nubricks.com
Property Sales - 41696429 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large two apartment multi family home is located on a nice street in Forest Hills close tothe shores of Lake Erie and is less than a mile from Glenville High School, one of the bestschools in Cleveland.The property is divided into two large apartments, you have a large two bedroom apartmentdownstairs and a large three bedroom apartment upstairs. Both apartments have tenants inplace, one paying $575 in rent each month and the other paying $600 in rent each month.The current market rent for each apartment is $750 each month. The house is undermanagement with a great local Cleveland property management company.
Forest Hills is seen as a very strong investment area in Cleveland, it is close to the WaterlooDistrict, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines andbike trails. The house is just 2 miles to Forest Hills Park, a historic urban park that was aportion of John D. Rockefeller’s estate. The 248-acre (1.00 km2) park has six baseballdiamonds (four lit), six lit tennis courts and three walking trails that have retained the naturalgreen space.
Return of investment
18%
Break even in
5.5 Years.
Please arrange for a currency company to contact me about saving money on international transfers when I purchase
I'm interested to find out more about mortgage finance options in this country - please arrange for contact about this
I will need to use a lawyer to represent me when I buy - please put me in touch with a specialist in this country
£45,773
Global Investments Incorporated
Date added: 11 Dec 2023
£103,520
Date added: 03 Aug 2023