Three bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41707499
Summary Data
| Price | £50,869 |
| 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 three bedroom single family home is located in Forest Hills close to the shores of Lake Erie and
is just a short walk to Glenville High School, one of the best schools in Cleveland.
The property has three bedrooms, one bathroom, a full basement and a large rear garden with a
garage. The house has tenants in place paying $850 in rent each month. The seller has asked not to
disturb the tenants so interior picture will be supplied on inspection prior to contract. The current
market rent for this property in this location can reach up to $1,100 – $1,750 each month. Should
the tenant leave the rent could be increased.
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 1.5 miles to the Famous Shoreby Club and the neighbouring community
Bratenahl. Bratenahl is one of the most exclusive residential areas in Cleveland where properties
can sell in the Millions.
Return of investment
14%
Break even in
7.14 Years.