Nubricks.com
Property Sales - 41706435 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This nice four bedroom single family home is located in Forest Hills close to the shores ofLake Erie and is just a short walk to Glenville High School, one of the best schools inCleveland.The property has three bedrooms, one bathroom, a full converted basement and a largerear garden with a detached garage, The house has tenants in place paying $750 in renteach month and is under management with a great local Cleveland property managementcompany. The current market rent with Section 8 housing can reach up to $1,600 eachmonth.Forest Hills is seen as a very strong investment area in Cleveland, it is close to the WaterlooDistrict, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines andbike trails. The house is just 1.5 miles to the Famous Shoreby Club and the neighbouringcommunity Bratenahl. Bratenahl is one of the most exclusive residential areas in Clevelandwhere properties can sell in the Millions.
Return of investment
13%
Break even in
7.69 Years
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£67,853
Global Investments Incorporated
Date added: 18 Sep 2024
£105,219
Date added: 11 Sep 2023