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Property Sales - 32690168 - Townhouse in USA, Ohio, Cuyahoga County, City of Cleveland

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Three bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
Townhouse
32690168
City of Cleveland, USA
08 Sep 2018
£ 24,913 / € 28,330 / $ 31,900

Short Description

This huge three bedroom house is amazing value at $31,900 and also tenanted..

Key Information

  • Property ID: 32690168
  • Location: City of Cleveland
  • Property Type: Townhouse
  • Prices: £ 24,913 / € 28,330 / $ 31,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This three bedroom house is located in Union – Miles Park which is a great neighbourhood in Cleveland, this area is close to Mount Pleasant. There are three large bedrooms, a full basement, a detached garage and a very large rear garden. This property is in a good condition and has new tenants in place who are paying $600 rent a month .This property is under management by one of the leading Cleveland property management companies.

Union – Miles Park is viewed as a very central location in Cleveland Ohio, it is just 5.8 miles from Downtown and 4.6 miles from University Circle. University Circle has the highest concentration of cultural attractions and performing arts venues in the whole of the US.

Investment Details

Purchase price: 31,900

Gross annual rental income: $7,200

Property running costs: $1,720
(Tax, insurance and management costs)

Net annual rental income: $5,480

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 18%

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Property Alerts

  • Townhouse
  • 3 bedrooms
  • USA
  • City of Cleveland
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