Property Sales - 38152745 - Townhouse in USA, Ohio, Cuyahoga County, City of Cleveland

<< Back to search results

Six bedroom house

Property Information

Property ID:
Location :
Added On :
Price :
City of Cleveland, USA
18 Jul 2019
£ 36,012 / € 40,105 / $ 48,900

Short Description

This large six bedroom house is a rare find at $48,900...

Key Information

  • Property ID: 38152745
  • Location: City of Cleveland
  • Property Type: Townhouse
  • Prices: £ 36,012 / € 40,105 / $ 48,900
  • Detatched
  • Garden
  • Suburban
  • Town
  • Off Street Parking

Full Description

This large two apartment house is located on a nice street in the sought after area of Glenville, just three minutes and less than a mile from Glenville High School which is one of the best schools in Cleveland. The property has six large bedrooms, two bathrooms and a full basement. This property has great tenants in place keeping the property in excellent condition, one is paying $500 per month and the other $550 per month. This property is managed by a great local Cleveland management company.

Glenville is seen as a very strong investment area in Cleveland, it is close to the Waterloo District, Euclid, Bratenahl and the I90 (highway) Lakeshore is appealing for bus lines, bike trails, and allows access to the beach parks in the neighbourhoods on the Northside. It is also just 4.7 miles from Downtown and just 2.3 miles from the University Circle.

Investment Details

Purchase price: 48,900

Gross annual rental income: $12,600

Property running costs: $2,309
(Tax, insurance and management costs)

Net annual rental income: $10,291

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

Return on investment: 21%

Contact the Advertiser

Property Alerts

  • Townhouse
  • 6 bedrooms
  • USA
  • City of Cleveland
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

CAPTCHA Send my request

Related Properties

© 2005-2013 The Overseas Property Blog. All Rights Reserved, 24 Jacks Place, Shoreditch London, E1 6NN, United Kingdom