Nubricks.com
Property Sales - 41707451 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large two apartment multi family home is located on a nice street in Forest Hills close tothe shores of Lake Erie and is less than 1 mile from Glenville High School, one of the bestschools in Cleveland.The property is divided into two large apartments, you have a large two bedroom apartmentdownstairs and a large two bedroom apartment upstairs. Both apartments will be renovated byGlobal Investments best contractors and will be supplied rent ready to a Section 8 standard. Theworks will begin after the new owner closes on the property. When complete the managementcompany will place brand new vetted tenants. Each apartment should achieve $950 – $1,250 inrent each month.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 and biketrails. The house is just 2 miles to the Famous Shoreby Club and the neighbouring communityBratenahl. Bratenahl is one of the most exclusive residential areas in Cleveland whereproperties can sell in the Millions.
Return of investment
24%
Break even in
4.16 Years.
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£45,773
Global Investments Incorporated
Date added: 11 Dec 2023
£103,520
Date added: 03 Aug 2023