This fantastic two apartment multi family home is located on a very nice street in the sought after
area of South-Collinwood, it is just five minutes from the Lakeshore and less than 1 mile to
Collingwood High School, one of the best schools in Cleveland.
The property is divided into two large apartments, you have a large two bedroom apartment
downstairs and a large two bedroom apartment upstairs, The apartment upstairs has a tenant in
place paying $650 in rent each month, The current market rent is $750 – $850 each month. The
apartment downstairs needs some minor cosmetic repairs to be made rental ready to a Section 8
standard. The funds are included in the price and the works will begin as soon as the new owner
closes on the property. When complete the management company will place a brand new tenant.
The apartment should achieve $750 – $850 in rent each month.
South-Collinwood is seen as a very strong investment area in Cleveland, this area is surrounded by
some great neighbourhoods like University Heights, Glenville, Richmond Heights and Euclid, The
property is just 1 mile to Collinwood High School one of the best schools in Cleveland. This is one of
our most demanded areas by investors