Nubricks.com
Property Sales - 41707561 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic two apartment multi-family home is located in the sought after area of Glenville,just a short walk from Glenville High School which is one of the best schools in Cleveland.The property is divided into two large three bedroom townhouses sitting side by side. Bothapartments will be renovated by Global Investments best contractors and will be supplied rentready to a Section 8 standard. The works will begin after the new owner closes on the property.When complete the management company will place brand new vetted tenants. Each apartmentshould achieve $1,250 – $1,700 in rent each month.Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District,Euclid, Bratenahl and the I90 (highway). It is also just 4.5 miles from Downtown and just 2 milesfrom the University Circle. The house is within Greater Circle Living (GCL) which is a part of thelarger Greater University Circle Initiative, comprehensive community-building and developmentstrategy for rental and purchase housing options in Greater University Circle neighbourhood’s.
Return of investment
23%
Break even in
4.34 Years.
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£59,361
Global Investments Incorporated
Date added: 04 Feb 2024
£125,600
Date added: 08 May 2024