Nubricks.com
Property Sales - 41709003 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic large four bedroom single family home is located in a very nice street in Hough, close to the shores ofLake Erie. Hough is a very demanded area in Cleveland due to its close proximity to the University Circle, the entranceis just two miles away. The house is also directly across the street from Wade Park Elementary School.The property has four bedrooms, two bathrooms, a full basement and a large rear garden. The house has Vinyl sidingwith approximately half of the windows replaced and new indoor flooring installed. The roof had a partial replacementcompleted in the last few years also. This house was originally a two-family property, currently converted to a singlefamily home. The house maintains two-family zoning which could allow a future potential reconversion back to a multifamily. Mulkti family homes in this area sell for $100,000 upwards. There is a tenant currently in place paying $750each month, Included in the price is a Sellers Rental Contribution of $6,000 which equates to $500 for 12 monthswhich gives the new owner the current market rent for the first year, This will be credited to the buyer on closing.Hough is seen as a very strong investment area in Cleveland, it is close to the Waterloo District, Euclid, Bratenahl andthe I90 (highway It is also just 2 miles from the University Circle. The University Circle has the highest concentration ofcultural attractions and performing arts venues in the whole of the US, such as the Cleveland Museum of Art;Severance Hall, Cleveland Institute of Art, plus many more
Return of investment
15%
Break even in
6.6 Years
Please arrange for a currency company to contact me about saving money on international transfers when I purchase
I'm interested to find out more about mortgage finance options in this country - please arrange for contact about this
I will need to use a lawyer to represent me when I buy - please put me in touch with a specialist in this country
£89,084
Global Investments Incorporated
Date added: 31 Oct 2024
£73,798
Date added: 12 Jan 2025