Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41693965
Summary Data
Price | £62,758 |
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 six 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. One of the
apartments has tenants in place paying $600 in rent each month. The second
apartment was recently updated and made rental ready and the management company
will place brand new tenants when the new owner closes on the property paying $750
in rent each month.
Mount Pleasant is seen as a very strong investment area in Cleveland, less than 2.1
miles 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 6 miles from Downtown and 3.6 miles from the
University Circle.
Return of investment
17%
Break even in
5.8 Years.