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Property Sales - 37627528 - 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
37627528
City of Cleveland, USA
17 Jun 2019
£ 29,787 / € 32,821 / $ 38,900

Short Description

This large three bedroom house is amazing value at $38,900...

Key Information

  • Property ID: 37627528
  • Location: City of Cleveland
  • Property Type: Townhouse
  • Prices: £ 29,787 / € 32,821 / $ 38,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This very nice three bedroom family home is located on a nice street in Old Brooklyn on the Westside of Cleveland, the house is just 1.1 miles from Cleveland Metroparks Zoo & food court.. The property has three large bedrooms, one bathroom, a large rear garden and a detached garage. The property has tenants in place keeping it in great condition paying $700 in rent each Month. This property is under management by a local Cleveland property management company.

Old Brooklyn is located on the Westside and viewed as a very central location in Cleveland Ohio, it is just 6 miles from Downtown Cleveland and only 3.4 miles from Brooklyn Heights which is a very exclusive residential part of Cleveland. The property is also only 1.1 miles from Cleveland Metroparks Zoo and fpod court which is a lovely family area of Cleveland.

Investment Details

Purchase price: 38,900

Gross annual rental income: $8,400

Property running costs: $2,022
(Tax, insurance and management costs)

Net annual rental income: $6,378

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

Return on investment: 17%

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Property Alerts

  • Townhouse
  • 3 bedrooms
  • USA
  • City of Cleveland
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