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Property Sales - 41699691 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located in Buckeye Shaker and is only three minutes andwalking distance from the centre of the famous Shaker Square. Shaker Square is one ofthe biggest attractions in Cleveland and is full of restaurants, bars, boutiques and evenhas a cinema.The property is divided into two large two bedroom apartments, One apartment has atenant in place paying $650 in rent each month, The current market rent is $850 eachmonth. The apartment downstairs needs some minor cosmetic repairs to be maderental ready, The funds are included in the price and the works will begin as soon as thenew owner closes on the property. When complete the management company willplace a brand new tenant. The apartment should achieve $850 in rent each month.Buckeye Shaker is seen as a very strong investment area in Cleveland, less than 1 mileaway you have the famous Shaker Square. The house is also just 4 minutes to LarchmereBlvd which is host to a multitude of many quality cafe’s, restaurants, beauty salons,fashion shops and many small businesses. This house is extremely well located.
Return of investment
18%
Break even in
5.5 Years.
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£72,099
Global Investments Incorporated
Date added: 16 Dec 2023
£89,084
Date added: 22 Aug 2024