Nubricks.com
Property Sales - 41700926 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic two apartment multi family home is located on a very nice street in the soughtafter area of South-Collinwood, it is just five minutes from the Lakeshore and less than a mile toCollingwood High School, one of the best schools in Cleveland.The property is divided into two large apartments. You have a large two bedroom apartmentdownstairs and a large two bedroom apartment upstairs. The property also has tenants in placein both apartments paying $750 in rent each month. The market rent is closer to $850 in renteach month.South-Collinwood is seen as a very strong investment area in Cleveland, this area is surroundedby some great neighbourhoods like University Heights, Glenville, Richmond Heights and Euclid,The property right next to Mark Tromba Park which has just undergone an extensive $1.2Mrenovation. Site improvements included a new splash pad, new play structures and equipment,a new public art piece, a new reconfigured parking lot, two resurfaced basketball courts, and aresurfaced tennis court.
Return of investment
17%
Break even in
5.8 Years.
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£59,361
Global Investments Incorporated
Date added: 04 Feb 2024
£125,600
Date added: 08 May 2024