Nubricks.com
Property Sales - 41702115 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic large three bedroom, two bathroom single family home is located on a nice streetin Corlett and is less than a mile and walking distance to John Adams College, one of the leadingschools in Cleveland.The property has three large bedrooms, two bathrooms, a full basement and a large rear garden.The house is in great condition and has just been vacated. The house needs some cosmeticrepairs to be brought up to a Section 8 rental ready standard. The funds are included in the priceand the works will begin as soon as the new owner closes on the property. When complete themanagement company will place a brand new tenant. The house should achieve $1,300 – $1,500in rent each month based on current Section 8 rates.Corlett is viewed as a very central location in Cleveland Ohio, it is just 8 miles from Downtownand 5 miles from University Circle. Also less than 2 miles away you have Lee Harvard shoppingcentre. The property is also just 3 minutes to John Adams College, one of the best schools inCleveland.
Return of investment
21%
Break even in
4.76 Years.
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£59,361
Global Investments Incorporated
Date added: 27 Jul 2024
£41,527
Date added: 16 Aug 2023