Nubricks.com
Property Sales - 41708469 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This very nice three bedroom single family home is located in the sought after area of Glenville, just ashort walk to Glenville High School which is one of the best schools in ClevelandThere are three bedrooms, one bathroom, a full basement and a large garden. The property will berenovated 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 managementcompany will place brand new vetted tenants. The house should achieve $1,250 – $1,700 in rent eachmonth based on current Section 8 rates,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 also very well positioned directly opposite theCleveland Lakefront Nature Preserve. The house is also within Greater Circle Living (GCL) which is a partof the larger Greater University Circle Initiative, comprehensive community-building and developmentstrategy for rental and purchase housing options in Greater University Circle neighbourhood’s.
Return of investment
18%
Break even in
5.5 Years.
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£103,520
Global Investments Incorporated
Date added: 03 Aug 2023
£67,853
Date added: 22 Aug 2023