Nubricks.com
Property Sales - 41702409 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located on a nice street in Corlett and is just one mile and fourminutes from John Adams College, one of the leading 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. Both apartments will be renovated byGlobal Investments best contractors and will be supplied rent ready to a Section 8 standard. Theproperty comes with a 2 month rental guarantee to give the new owner an immediate incomewhile the repairs are being completed. When complete the management company will placebrand new vetted tenants. Each apartment should achieve $950 – $1,100 in rent each month. Thishouse when renovated would appraise for approx $130,000 which would give the new ownerimmediate equity.Corlett is viewed as a very central location in Cleveland Ohio, it is just 7 miles from Downtown and5 miles from University Circle. Also just 1.5 miles away you have Lee Harvard shopping centre. Theproperty is also just 4 minutes to John Adams College, one of the best schools in Cleveland.
Return of investment
23%
Break even in
4.34 Years.
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£45,773
Global Investments Incorporated
Date added: 03 Aug 2023
£72,099
Date added: 09 Nov 2023