Nubricks.com
Property Sales - 41706514 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic single family home is located in Lee Miles and is within walking distance of theLee Harvard Shopping Mall. Lee Miles is very close to Garfield Heights and prices have reallyrisen over the last two years, this house is also just a short walk also to J F Kennedy High School.The property has three large bedrooms, a large lounge diner, a full basement and a large reargarden. The property has Section 8 tenants in place paying $1,200 in rent each month. The rentis paid direct to the landlord via the City of Cleveland. The house is under management with agreat local Cleveland property management company. The seller has requested the tenants notto be disturbed, internal pictures will be supplied with the inspection. All contracts are subjectto a full independent inspection. The ARV for this property is $100,000 0 $120,000 which wouldgive the new owner instant equity in the property.Lee Miles is viewed as a very central location in Cleveland Ohio, it is just 8 miles fromDowntown and 5 miles from University Circle. Also less than a mile away you have Lee Harvardshopping centre. The property is also just a short walk also to J F Kennedy High School, one ofthe best schools in Cleveland.
Return of investment
15%
Break even in
6.6 Years.
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£80,591
Global Investments Incorporated
Date added: 11 Jul 2023
£66,155
Date added: 26 Jun 2024