Nubricks.com
Property Sales - 41704650 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic very large five bedroom single family home is located on a nice street just fiveminutes to Forest Hills Park, a historic urban park that was a portion of John D. Rockefeller’sestate. The 248-acre (1.00 km2) park has six baseball diamonds (four lit), six lit tennis courtsand three walking trails that have retained the natural green space.The property has five spacious bedrooms, one bathroom, a large lounge diner and a fullbasement. The property has tenants in place paying $1,200 in rent each month. The currentmarket rate with Section 8 housing can reach up to $1,600 per month. The house is undermanagement with a great local Cleveland property management company.East Cleveland is seen as a very strong investment area in Cleveland, this area is surroundedby some great neighbourhoods like University Heights, Glenville, South Collinwood RichmondHeights and Euclid. The house is right next to Noble Road, the proposed location for futureinvestment from the City and the Noble Road Corridor planning project.
Return of investment
16%
Break even in
6.25 Years.
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£45,773
Global Investments Incorporated
Date added: 03 Aug 2023
£72,099
Date added: 09 Nov 2023