Nubricks.com
Property Sales - 41708865 - 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, The houseis walking distance to Glenville High School which is one of the best schools in ClevelandThe property has three bedrooms, one bathroom, a full basement and a large rear garden. The house is ingood condition however is currently being updated and in the final stages of being refurbished and rentready to a Section 8 standard. The refurbishment will be completed before the new owner closes on theproperty. After closing the management company will place brand new vetted tenants. The house shouldachieve $1,250 – $1,700 in rent each month based on current Section 8 rates. There is also 70% financeavailable for non US residents, terms and conditions apply.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 the ClevelandLakefront Nature Preserve. The house is also within Greater Circle Living (GCL) which is a part of the largerGreater University Circle Initiative, comprehensive community-building and development strategy for rentaland purchase housing options in Greater University Circle neighbourhood’s.
Return of investment
27%
Break even in
3.7 Years.
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£69,551
Global Investments Incorporated
Date added: 26 Feb 2025
£89,084
Date added: 04 Jul 2024