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Property Sales - 41709318 - House in USA, Ohio, Cuyahoga County, City of Cleveland

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Four bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
House
41709318
City of Cleveland, USA
10 Apr 2025
£ 72,099 / € 82,363 / $ 84,900

Short Description

This four bedroom house is amazing value at $84,900..

Key Information

  • Property ID: 41709318
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 72,099 / € 82,363 / $ 84,900

Full Description

This lovely four bedroom single family home is located in Union – Miles Park which is a great
neighbourhood in Cleveland, this area is close to Mount Pleasant and Slavic Village. It is also
just a few minutes to John Adams College And Career Academy, which is one of the best
schools in Cleveland.
There are four bedrooms, one bathroom, 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 – $1,800 in rent each month.
Union – Miles Park is viewed as a very central location in Cleveland Ohio, it is just 6 miles from
Downtown and 5 miles from University Circle. University Circle has the highest concentration
of cultural attractions and performing arts venues in the whole of the US. The house is also just
1 mile to John. Adams College and Career Academy.

Investment Calculations
Purchase price
$84,900
Gross annual rental income:
$21,600
Property running costs:(Tax, insurance and management costs)
$3,571
Net annual rental income:
$18,029
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

21%

Break even in

4.76 Years.

Contact the Advertiser

Property Alerts

  • House
  • 4 bedrooms
  • USA
  • City of Cleveland
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