Nubricks.com
Property Sales - 41708850 - House in USA, Ohio, Cuyahoga County, Cleveland
This fantastic two apartment multi family home is located on a nice street in St.Clair-Superior which is just2.5 miles to Downtown Cleveland. Properties close to the City rarely come onto the market at the rightprice as there is huge potential for future capital appreciation.The property is divided into two large apartments, you have a large three bedroom apartment downstairsand a large four bedroom apartment upstairs. Both apartments will be renovated by Global Investmentsbest contractors and will be supplied rent ready to a Section 8 standard. The works will begin after the newowner closes on the property. When complete the management company will place brand new vettedtenants. Each apartment should achieve $950 – $1,250 in rent each month with Section 8 housing based onthe current market rate.St.Clair-Superior is an extremely well located suburb which is just 2.5 miles East of the centre of downtown.The property is very close to Burke Lakefront Airport just to the North. Due to the proximity of the City andevery amenity possible this area is very highly demanded for rentals. The house is walking distance to SaintMartin de Porres & also the fantastic Goldhorn Brewery, the latest trendy extremely popular tap house.
Return of investment
22%
Break even in
4.54 Years.
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£80,591
Global Investments Incorporated
Date added: 05 Sep 2024
£41,527
Date added: 20 Dec 2023