Nubricks.com
Property Sales - 41708326 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic two apartment multi family home is located on a nice street in St.Clair-Superior which isjust 2.4 miles to Downtown Cleveland. Properties close to the City rarely come onto the market at theright price as there is huge potential for future capital appreciation.The property is divided into two large apartments, you have a large two bedroom apartment downstairsand a large two bedroom apartment upstairs. The property is now vacant and both apartments will berenovated by Global Investments best contractors and will be supplied rent ready to a Section 8 standard.The works will begin when the new owner closes on the property. When complete the managementcompany will place brand new vetted tenants. Each apartment should achieve $1,000 – $1,250 in renteach month.St.Clair-Superior is an extremely well located suburb which is just 2.4 miles East of the centre ofdowntown. The property is very close to Burke Lakefront Airport just to the North. Due to the proximityof the City and every amenity possible this area is very highly demanded for rentals.
Return of investment
24%
Break even in
4.16 Years.
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£67,004
Global Investments Incorporated
Date added: 21 Feb 2024
£103,520
Date added: 14 Nov 2024