Nubricks.com

Property Sales - 41704749 - House in USA, Ohio, Cuyahoga County, City of Cleveland

<< Back to search results

Three bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
House
41704749
City of Cleveland, USA
26 Jun 2024
£ 66,155 / € 75,572 / $ 77,900

Short Description

This three bedroom is amazing value at $77,900..

Key Information

  • Property ID: 41704749
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 66,155 / € 75,572 / $ 77,900

Full Description

This lovely three bedroom single family home is located in Union – Miles Park which is a great
neighbourhood in Cleveland, this area is close to Mount Pleasant and Slavic Village. It is also
just a few minutes to John Adams College And Career Academy, which is one of the best
schools in Cleveland.
There are three bedrooms, one bathroom, a full basement and a large garden. The property
will be renovated by Global Investments best contractors and will be supplied rent ready to a
Section 8 standard. When complete the management company will place brand new vetted
tenants. The house should achieve $1,250 – $1,400 in rent each month. The house also comes
with a 1 Month rental guarantee to give the new owner an immediate income when the works
begin.
Union – Miles Park is viewed as a very central location in Cleveland Ohio, it is just 6 miles from
Downtown and 5 miles from University Circle. University Circle has the highest concentration
of cultural attractions and performing arts venues in the whole of the US. The house is also just
1 mile to John. Adams College and Career Academy.

Investment Calculations
Purchase price
$77,900
Gross annual rental income:
$16,800
Property running costs:(Tax, insurance and management costs)
$3,016
Net annual rental income:
$13,784
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

18%

Break even in

5.5 Years.

Contact the Advertiser

Property Alerts

  • House
  • 3 bedrooms
  • USA
  • City of Cleveland
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

CAPTCHA Send my request

Related Properties

© 2005-2013 nubricks.com The Overseas Property Blog. All Rights Reserved
Nubricks.com, 24 Jacks Place, Shoreditch London, E1 6NN, United Kingdom