This large two apartment multi family home is located on a nice street in Forest Hills close to the shores
of Lake Erie and is less than 1 mile from Glenville High School, 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. Both apartments will be renovated by Global
Investments best contractors and will be supplied rent ready to a Section 8 standard. The property
comes with approximately $35,000 in renovations and will receive a new roof, exterior painting, all
windows will be replaced to vinyl. One unit will be completely rewired with new furnaces, new hot
water tanks, new carpet, new kitchens and new bathrooms When complete the management company
will place brand new vetted tenants. Each apartment should achieve $1,100 – $1,300 in rent each
month.
Forest Hills is seen as a very strong investment area in Cleveland, it is close to the Waterloo District,
Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines and bike trails. The house is
just 2 miles to the Famous Shoreby Club and the neighbouring community Bratenahl. Bratenahl is one
of the most exclusive residential areas in Cleveland where properties can sell in the Millions.