Nubricks.com
Property Sales - 41700823 - House in USA, Ohio, Cuyahoga County, Cleveland
This fantastic two apartment multi family home is located on a nice street in St.Clair-Superiorwhich is just 2.5 miles to Downtown Cleveland. Properties close to the City rarely come ontothe market at the right price as there is huge potential for future capital appreciation.The property is divided into two large apartments, you have a large three bedroom apartmentdownstairs and a large two bedroom apartment upstairs. The property in in immaculatecondition and has a brand new roof, new vinyl siding all new windows and also has airconditioning which is a rare feature for rentals .The property is now vacant and rent ready. Themanagement company will place brand new vetted tenants when the new owner closes on theproperty. The downstairs 3 bedroom should rent for $1,200 each month and the two bedupstairs should rent for $800 each month. The tenants could also bed Section 8 housing.St.Clair-Superior is an extremely well located suburb which is just 2.5 miles East of the centre ofdowntown. The property is very close to Burke Lakefront Airport just to the North. Due to theproximity of the City and every amenity possible this area is very highly demanded for rentals.
Return of investment
22%
Break even in
4,54 Years.
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£62,758
Global Investments Incorporated
Date added: 20 May 2024
£41,527
Date added: 20 Dec 2023