Five bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41704650
Summary Data
| Price | £63,607 |
| Price Type | |
| Bedrooms | 5 - Bed |
| Bathrooms | 1 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This fantastic very large five bedroom single family home is located on a nice street just five
minutes to Forest Hills Park, a historic urban park that was a portion of John D. Rockefeller’s
estate. The 248-acre (1.00 km2) park has six baseball diamonds (four lit), six lit tennis courts
and three walking trails that have retained the natural green space.
The property has five spacious bedrooms, one bathroom, a large lounge diner and a full
basement. The property has tenants in place paying $1,200 in rent each month. The current
market rate with Section 8 housing can reach up to $1,600 per month. The house is under
management with a great local Cleveland property management company.
East Cleveland is seen as a very strong investment area in Cleveland, this area is surrounded
by some great neighbourhoods like University Heights, Glenville, South Collinwood Richmond
Heights and Euclid. The house is right next to Noble Road, the proposed location for future
investment from the City and the Noble Road Corridor planning project.
Return of investment
16%
Break even in
6.25 Years.