Nubricks.com
Property Sales - 41703697 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located on a very nice street in Woodland Hills, just seven minutesfrom the famous Shaker Square, one of the biggest attractions in Cleveland. Shaker Square is full ofrestaurants, bars, boutiques and even has a cinema.The property is divided into two large apartments, you have a large two bedroom apartmentdownstairs and a large two bedroom apartment upstairs. The house has just been refurbished andmade rental ready and also has just had a new roof. The management company will place brandnew tenants when the new owner closes on the property. The house should achieve $1,100 –$1,200 in rent each month based on current Section 8 rates. The property is under managementwith a great local Cleveland property management company.Woodland Hills is viewed as a very central location in Cleveland Ohio, it is just 5 miles fromDowntown Cleveland, just 2 miles from the University Circle & only 1 mile from Shaker square.There are many new built homes being built in this area, increasing the value or surroundingproperties with a good potential for capital appreciation. New builds are selling for over $300,000
Return of investment
37%
Break even in
2.7 Years.
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£72,099
Global Investments Incorporated
Date added: 15 Dec 2023
£103,520
Date added: 03 Aug 2023