Nubricks.com
Property Sales - 41703986 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located on a very nice street in South- Collinwood, the house is situatedin Nottingham which is the most sought after exclusive part of South Collinwood. Properties in thisarea rarely come onto the rental market for investors and this house will sell within hours not days.The property is divided into two large apartments, you have a large two bedroom apartmentdownstairs and a large three bedroom, 2 Bathroom apartment upstairs, The second apartment has justbeen updated inside and made rent ready. The management company already has a Section 8 tenantready to move into the apartment and is just waiting on the City to finalise the paperwork. The rent forthis apartment is $950 each month and is paid direct to the landlord via the City of Cleveland.Nottingham in South Collinwood is seen as a very strong investment area in Cleveland, The property isjust 2 miles to The Waterloo Arts District, A funky, indie community, with lots of cool little galleries andstudios. You can hear live music at one of the best venues in the country or browse an awesome indiemusic store. The coffee shops roasts all their own beans, and there are plenty of great places to eatwithin a five-minute drive. just 15 minutes east of Downtown Cleveland.
Return of investment
24%
Break even in
4.16 Years.
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£45,773
Global Investments Incorporated
Date added: 11 Dec 2023
£103,520
Date added: 03 Aug 2023