Nubricks.com
Property Sales - 41707484 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large four bedroom single family home is located on a nice street in Forest Hills close to theshores of Lake Erie and is only a four minute drive from Glenville High School, one of the bestschools in Cleveland.The property has 4 bedrooms, one bathroom, a full basement and a large rear garden with adetached garage. The property has just been renovated and made rental ready to a Sectipon 8standard. The management company will place brand new tenants when the new owner closeson the property. The house should achieve $1,100 – $1,300 each month in rent based on currentSection 8 market rates.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 Forest Hills Park, a historic urban park that was a portion ofJohn D. Rockefeller’s estate. The 248-acre (1.00 km2) park has six baseball diamonds (four lit), sixlit tennis courts and three walking trails that have retained the natural green space.
Return of investment
16%
Break even in
6.25 Years.
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£45,773
Global Investments Incorporated
Date added: 11 Dec 2023
£103,520
Date added: 03 Aug 2023