This fantastic large multi family home is located in the sought after area of Glenville, less than 3 miles to
the centre of University Circle. This house is in arguable the best area of Glenville which historically
housed the wealthiest in Cleveland. Some of the houses are extremely large and are now becoming very
desirable among residents and professionals alike. Many Doctors and Nurses are living in this area due
to the proximity to the Cleveland Clinic.
The property is divided into two two bedroom apartments. One apartment has a tenant in place paying
$800 in rent each month. The market rent with Section 8 housing is $1,000 – $1,250 each month. The
second apartment will be renovated by Global Investments best contractors and will be supplied rent
ready to a Section 8 standard. The works will start after the new owner closes on the property. When
complete the management company will place brand new vetted tenants. The apartment should achieve
$1,000 – $1,250 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). The property is extremely well located and is very close to the VA
hospital the Cleveland Museum of natural history, the Cleveland, Museum of Art, casted western reserve
University, the university hospitals, and the Cleveland clinic.