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Property Sales - 41699617 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic large two apartment multi family home is located in South Broadway which is just 7 milesfrom Downtown Cleveland. The house is also bordering on Garfield Heights and is just 1.2 miles fromthe famous Garfield Heights High School. Garfield Heights is one of the most demanded andprestigious areas in ClevelandThe property is divided into two large apartments. You have a large two bedroom apartmentdownstairs and a large two bedroom apartment upstairs. Both apartments have just been made rentalready. The management company will place brand new tenants when the new owner closes on theproperty. Each apartment should achieve $800 – $950 in rent each month. The tenants could beSection 8 or private. The property has a potential 70% finance available, terms and conditions apply.South Broadway is just 2 miles South of Slavic Village which is going through large developmentprojects. This is one of the most up and coming areas in the City and in huge demand by investors dueto new build properties increasing the value of the properties in the surrounding areas. The house isalso just bordering on the famous Garfield Heights, one of the most desirable areas in Cleveland. Thehouse is just 1.2 miles from Garfield Heights High School.
Return of investment
18%
Break even in
5.5 Years.
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£59,361
Global Investments Incorporated
Date added: 01 Dec 2023
£52,567
Date added: 08 Apr 2024