Nubricks.com
Property Sales - 41707169 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large 2 apartment multi-family home is located in Euclid Green right next to South Collinwood andonly a short distance from the Lakefront. It is also only three minutes and one mile to Euclid Park SchoolThe property is divided into two large apartments, you have a large two bedroom apartment downstairsand a large two bedroom apartment upstairs. The property is now vacant and both apartments will berenovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard.The works will begin when the new owner closes on the property. When complete the managementcompany will place brand new vetted tenants. Each apartment should achieve $950 – $1,250 in rent eachmonth.Euclid Green is seen as a very strong investment area in Cleveland, this area is surrounded by some greatneighbourhoods like University Heights, Glenville, Richmond Heights and South Collinwood, this propertyis only 2.5 miles from Euclid Creek Reservation, a beautiful nature trail full of natural wildlife, picnic areasand stunning scenery. A great family area that is close to the city and yet nature is all around you.
Return of investment
23%
Break even in
4.34 Years.
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£71,250
Global Investments Incorporated
Date added: 17 Jan 2024
£67,853
Date added: 08 Oct 2024