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Property Sales - 34123586 - 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
34123586
City of Cleveland, USA
06 Dec 2018
£ 28,342 / € 32,091 / $ 35,900

Short Description

This large three bedroom house is a rare find at $35,900...

Key Information

  • Property ID: 34123586
  • Location: City of Cleveland
  • Property Type: Townhouse
  • Prices: £ 28,342 / € 32,091 / $ 35,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This large three bedroom house is located on a nice street in Saint Clair- Superior just 3.4 miles from Downtown Cleveland and 2.4 miles from the University Circle. Saint Clair-Superior is close to the great lake, borderline lake properties offer lots of potential for future growth. The property has great tenants in place and they are keeping it in great condition paying $750 per month, This is a fantastic investment property and managed by a great local Cleveland management company.

Saint Clair-Superior is viewed as an up and coming area in Cleveland due to its close proximity to the lake, it is also just 3.4 miles from Downtown and 2.4 miles from University Circle. The University Circle has the highest concentration of cultural attractions and performing arts venues in the whole of the US.

Investment Details

Purchase price: 35,900

Gross annual rental income: $9,000

Property running costs: $2,232
(Tax, insurance and management costs)

Net annual rental income: $6,768

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

Return on investment: 19%

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Property Alerts

  • Townhouse
  • 3 bedrooms
  • USA
  • City of Cleveland
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