This large multi-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.
The property is divided into two large apartments, you have a large two bedroom apartment
downstairs and a large two bedroom apartment upstairs. One apartment has a tenant in place
paying $600 in rent each month, the current market rent is closer to $750 – $,850 each month.
The second apartment will be supplied by the seller refurbished and rental ready. The works will
begin as soon as the new owner closes on the property. When complete the management company
will place a brand new tenant. The apartment should achieve $1,000 – $1,250 in rent each month
with a Section 8 tenant. This property also comes with a new roof, new windows and new gutters.
Union – Miles Park is viewed as a very central location in Cleveland Ohio, it is just 7.5 miles from
Downtown and 5 miles from University Circle. This property is directly opposite the local Shopping
Mall.