Nubricks.com
Property Sales - 41708584 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This great single family home is located on a nice street in Corlett and is less than a mile andminutes from John Adams College, one of the leading schools in Cleveland.There are four bedrooms, one bathroom a full basement and a large garden. The propertywill be renovated by Global Investments best contractors and will be supplied rent ready to aSection 8 standard. The works will begin after the new owner closes on the property, whencomplete the management company will place brand new vetted tenants. The house shouldachieve $1,250 – $1,700 in rent each month based on the current Sectiopn 8 rates. The houseonce renovated will have an ARV of approx $100,000 giving the new owner immediate equityin the property.Corlett is viewed as a very central location in Cleveland Ohio, it is just 7 miles fromDowntown and 5 miles from University Circle. Also less than 2 miles away you have LeeHarvard shopping centre. The property is also just walkimg distance to John Adams College,one of the best schools in Cleveland.
Return of investment
21%
Break even in
4.76 Years.
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£76,345
Global Investments Incorporated
Date added: 20 Aug 2023
£81,441
Date added: 02 Jan 2024