Nubricks.com
Property Sales - 41703985 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large brick built multi-family home is located on a very nice street in Woodland Hills, just 2 milesfrom 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 apartment downstairsand a large two bedroom apartment upstairs. Both apartments have just been vacated and will berenovated by Global Investments best contractors and will be supplied rent ready to a Section 8standard. The property comes with a 1 month rental guarantee to give the new owner an immediateincome while the repairs are being completed. The house also comes with a brand new roof andappliances which helps obtain a higher Section 8 rental. When complete the management company willplace brand new vetted tenants. Each apartment should achieve $1,000 – $1,300 in rent each month.Woodland Hills is viewed as a very central location in Cleveland Ohio, it is just 5 miles from DowntownCleveland, just 3 miles from the University Circle & only 2 miles from Shaker square. There are manynew built homes being built in this area, increasing the value or surrounding properties with a goodpotential for capital appreciation. New builds are selling for over $300,000.
Return of investment
24%
Break even in
4.16 Years.
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£93,330
Global Investments Incorporated
Date added: 16 Dec 2024
£80,591
Date added: 08 Dec 2024