This large six bedroom multi family home is located on a nice street in St.Clair-Superior which is just 2.8 miles
to Downtown Cleveland. Properties close to the City rarely come onto the market at the right price as there
is huge potential for future capital appreciation.
The property is divided into two large apartments, you have a large three bedroom apartment downstairs
and a large three bedroom apartment upstairs. The upper unit has a tenant in place paying $550 in rent each
month whcih is very much under market value. The current market Section 8 rent is currently $1,000 – $1,350
each month. The downstairs apartment 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 3 bed apartment should achieve $1,000 – $1,350 in rent each month with Section 8
housing.
St.Clair-Superior is an extremely well located suburb which is just 2.8 miles East of the centre of downtown.
The property is very close to Burke Lakefront Airport just to the North. Due to the proximity of the City and
every amenity possible this area is very highly demanded for rentals. The house is walking distance to Saint
Martin de Porres & also the fantastic Goldhorn Brewery, the latest trendy extremely popular tap house.