Nubricks.com
Property Sales - 41699692 - 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 to theshores of Lake Erie and is less than 1 mile from Glenville High School, one of the best schools inCleveland.
The property is divided into two large apartments, you have a large three bedroom apartmentdownstairs and a large three bedroom apartment upstairs. The property has new vinyl siding and allnew vinyl windows. One apartment is rental ready and the second apartment has just been vacatedand needs some cosmetic repairs to be made rental ready, The funds are included in the price andthe works will begin as soon as the new owner closes on the property. The management companywill place brand new tenants, each apartment shoud achieve $800 – $950 in rent each month.Forest Hills is seen as a very strong investment area in Cleveland, it is close to the Waterloo District,Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines and bike trails. The houseis just 2 miles to the Famous Shoreby Club and the neighbouring community Bratenahl. Bratenahl isone of the most exclusive residential areas in Cleveland where properties can sell in the Millions.
Return of investment
21%
Break even in
4.76 Years.
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£80,591
Global Investments Incorporated
Date added: 11 Jul 2023
£66,155
Date added: 26 Jun 2024