Nubricks.com
Property Sales - 41707922 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located on a very nice street in South- Collinwood, the house is situated in Nottinghamwhich is the most sought after exclusive part of South Collinwood. Properties in this area rarely come onto the rentalmarket for investors and this house will sell within hours not days.The property is divided into two large apartments, you have a large three bedroom apartment downstairs and a large twobedroom apartment upstairs. Both apartments will be renovated by Global Investments best contractors and will besupplied rent ready to a Section 8 standard. The property comes with a brand new roof, all new windows and a completeinternal make over which consists of new kitchens and bathrooms. The works will begin after the new owner closes on theproperty. When complete the management company will place brand new vetted tenants. The 2 bed should achieve$1,000 – $1,300 each month and the 3 bed $1,250 – $1,700 each month based on the current market rates with Section 8housing.Nottingham in South Collinwood is seen as a very strong investment area in Cleveland, The property is just 2 miles to TheWaterloo Arts District, A funky, indie community, with lots of cool little galleries and studios. You can hear live music atone of the best venues in the country or browse an awesome indie music store. The coffee shops roasts all their ownbeans, and there are plenty of great places to eat within a five-minute drive. just 15 minutes east of Downtown Cleveland.
Return of investment
20%
Break even in
5 Years.
Please arrange for a currency company to contact me about saving money on international transfers when I purchase
I'm interested to find out more about mortgage finance options in this country - please arrange for contact about this
I will need to use a lawyer to represent me when I buy - please put me in touch with a specialist in this country
£67,853
Global Investments Incorporated
Date added: 28 Feb 2024
£80,591
Date added: 27 Mar 2024