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Property Sales - 41689730 - House in USA, Ohio, Cuyahoga County, City of Cleveland

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Two bedroom house

Property Information

Type:
Property ID:
Location :
Added On :
Price :
House
41689730
City of Cleveland, USA
02 Feb 2023
£ 38,130 / € 43,558 / $ 44,900

Short Description

This two bedroom house is amazing value at $44,900..

Key Information

  • Property ID: 41689730
  • Location: City of Cleveland
  • Property Type: House
  • Prices: £ 38,130 / € 43,558 / $ 44,900

Full Description

This very nice two bedroom single family home is located on a nice street in Corlett
and is just 1.5 miles to John Adams College, one of the leading schools in Cleveland.
The property consists of two spacious bedrooms, one bathroom, a large lounge
diner, a full basement and a large rear garden. The house also has ling term tenants
in place paying $750 in rent each month.
The property is under management with a great local Cleveland property
management company.

Corlett is viewed as a very central location in Cleveland Ohio, it is just 9 miles from
Downtown and 6 miles from University Circle. Also just 1.5 miles away you have Lee
Harvard shopping centre. The property is also just 1.5 miles to John Adams College,
one of the best schools in Cleveland..

Investment Calculations
Purchase price
$44,900
Gross annual rental income:
$9,000
Property running costs:(Tax, insurance and management costs)
$2,500
Net annual rental income:
$6,500
Investment calculation - Net Income divided by Purchase price = NET ROI.

Return of investment

15%

Break even in

6.6 Years

Contact the Advertiser

Property Alerts

  • House
  • 2 bedrooms
  • USA
  • City of Cleveland
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