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 two bedroom apartment downstairs and a two
bedroom apartment upstairs The property also has tenants in place in both apartments each paying $600 in rent
each month. The current market rent with Section 8 for a 2 bed is $1,000 – $1,250 so should any tenant leave the rent
could be increased. 600 in rent each month. The market rent is closer to $750 – $850 in rent each month. The seller
has requested the tenants not to be disturbed, internal pictures will be supplied with the inspection. All contracts are
subject to a full independent inspection. The house also comes with a brand new roof.
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. The property is also walking distance to Forest Hills Park, a
historic urban park that was a portion of John D. Rockefeller’s estate. The 248-acre (1.00 km2) park has six baseball
diamonds (four lit), six lit tennis courts and three walking trails that have retained the natural green space.