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Property Sales - 41702518 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic two apartment multi family home is located in South Broadway which is just 5miles from Downtown Cleveland. The house is also bordering on Garfield Heights and is just 2.8miles from the famous Garfield Heights High School. Garfield Heights is one of the mostdemanded and prestigious areas in ClevelandThe 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 Section tenantsin place in both apartments. One tenant is paying $850 in rent each month and the other $650in rent each month. The market rent is now closer to $900 – $1,100 in rent each month.South Broadway is just South of Slavic Village which is going through large developmentprojects. This is one of the most up and coming areas in the City and in huge demand byinvestors due to new build properties increasing the value of the properties in the surroundingareas. The house is less than 1 mile to the centre of Slavic village and also just bordering on thefamous Garfield Heights, one of the most desirable areas in Cleveland.
Return of investment
17%
Break even in
5.8 Years.
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£69,551
Global Investments Incorporated
Date added: 19 Sep 2024
£76,345
Date added: 12 Oct 2024