Three bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41707450
Summary Data
Price | £67,853 |
Price Type | |
Bedrooms | 3 - Bed |
Bathrooms | 1 - Bath |
Plot Size | |
Building Size |
Sector | Residential |
Type | Houses |
Subtype | |
Tenure | |
Completion | |
Parking |
Location Map
Property Description
This lovely single family home is located on a nice street in Forest Hills close to the
shores of Lake Erie and is just five minutes from Glenville High School, one of the best
schools in Cleveland.
There are three bedrooms, a full basement and a large garden. The property will be
renovated by Global Investments best contractors and will be supplied rent ready to a
Section 8 standard. When complete the management company will place brand new
vetted tenants. The house should achieve $1,250 – $1,450 in rent each month.
Forest Hills is seen as a very strong investment area in Cleveland, it is close to the
Waterloo District, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus
lines and bike trails. The house is just 2 miles 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.
Return of investment
18%
Break even in
5.5 Years.