Nubricks.com
Property Sales - 41709292 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This huge six apartment multi family home is located in Mount Pleasant and is right next to ShakerHeights. The house is also just 1.5 miles from the famous Shaker Heights High School. ShakerHeights is one of the most demanded and prestigious areas in Cleveland.The property is divided into six spacious two bedroom apartments. All six apartments will berenovated by Global Investments best contractors and will be supplied rent ready to a Section 8standard. The works will begin when the new owner closes on the property. When complete themanagement company will place brand new vetted tenants. Each two bed apartment shouldachieve $850 – $1,100 in rent each month.Mount Pleasant is seen as a very strong investment area in Cleveland, just 1 mile away you haveShaker Square which is one of the biggest attractions in Cleveland. The house is also just borderingon the famous Shaker Heights, one of the most desirable areas in Cleveland. The house is just 1.5miles from Shaker Heights High School.
Return of investment
25%
Break even in
4 Years.
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£98,425
Global Investments Incorporated
Date added: 09 Jan 2024
£101,822
Date added: 07 Feb 2024