Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41690091
Summary Data
Price | £66,155 |
Price Type | |
Bedrooms | 4 - Bed |
Bathrooms | 2 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This large multi-family home is located in Mount Pleasant and is only four minutes
from the famous Shaker Square. Shaker Square is one of the biggest attractions in
Cleveland and is full of restaurants, bars, boutiques and even has a cinema.
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. The property
has a good long term tenant in place in one apartment paying $650 in rent each
month. The second apartment has just been vacated and will be supplied by the
seller rental ready. The management company will place brand new tenants when
the new owner closes on the property paying $800 – $850 in rent each month.
Mount Pleasant is seen as a very strong investment area in Cleveland, less than 1
mile away you have the famous Shaker Square which is one of the biggest
attractions in Cleveland. Shaker Square is full of restaurants, bars, boutiques and
even has a cinema. This property is also only 7 miles from Downtown and 4 miles
from the University Circle.
Return of investment
19%
Break even in
5.26 Years