This large multi-family home is located in Mount Pleasant and is only five minutes from the famous Shaker
Square. Shaker Square is one of the biggest attractions in Cleveland and is full of restaurants, bars, boutiques
and even has a cinema.
The property is divided into two large apartments, you have a large three bedroom apartment downstairs
and a large three bedroom apartment upstairs. The property has a tenant in place in one apartment paying
$800 in rent each month. The second apartment has just been vacated, Included in the price are some
cosmetic repairs needed to bring the unit up to a good rental ready standard. The works will begin as soon as
the new owner closes on the property. When complete he property management company will place brand
new tenants, the apartment should achieve $1,100 – $1,400 in rent each month with Section 8 housing.
Mount Pleasant is seen as a very strong investment area in Cleveland, just 2 miles away you have Shaker
Square which is one of the biggest attractions in Cleveland. The house is also just bordering on the famous
Shaker Heights, one of the most desirable areas in Cleveland. The house is just 1.8 miles from Shaker Heights
High School.