Nubricks.com
Property Sales - 41709374 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This large two apartment multi family home is located on a nice street in Forest Hills close tothe shores of Lake Erie and is less than 1 mile from Glenville High School, one of the bestschools in Cleveland.The property is divided into two large apartments, you have a large three bedroom apartmentdownstairs and a large three bedroom apartment upstairs. Both apartments will be renovatedby Global Investments best contractors and will be supplied rent ready to a Section 8 standard.The works will begin after the new owner closes on the property. When complete themanagement company will place brand new vetted tenants. Each apartment should achieve$1,100 – $1,600 in rent each month.Forest Hills is seen as a very strong investment area in Cleveland, it is close to the WaterlooDistrict, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines and biketrails. The house is just 2 miles to the Famous Shoreby Club and the neighbouring communityBratenahl. Bratenahl is one of the most exclusive residential areas in Cleveland whereproperties can sell in the Millions.
Return of investment
25%
Break even in
4 Years.
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£101,822
Global Investments Incorporated
Date added: 29 Jan 2024
£83,139
Date added: 30 Nov 2023