Nubricks.com
Property Sales - 41708727 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large multi-family home is located in the sought after area of Glenville, just minutesfrom Glenville High School which is one of the best schools in Cleveland..The property is divided into two large apartments. You have a large two bedroomapartment downstairs and a large two bedroom apartment upstairs. The property alsohas tenants in place in both apartments paying $700 in rent each month. The marketrent currently with section 8 housing is $950 – $1,250 in rent each month.Glenville is seen as a very strong investment area in Cleveland, it is close to theWaterloo District, Euclid, Bratenahl and the I90 (highway). The property is also very wellpositioned directly opposite the Cleveland Lakefront Nature Preserve. The house is alsowithin Greater Circle Living (GCL) which is a part of the larger Greater University CircleInitiative, comprehensive community-building and development strategy for rental andpurchase housing options in Greater University Circle neighbourhood’s.
Return of investment
15%
Break even in
6.6 Years
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£84,837
Global Investments Incorporated
Date added: 14 Dec 2023
£97,576
Date added: 13 Dec 2023