This great opportunity to purchase a very large four apartment multi gamily home on a nice street in Broadway/
Slavic Village which is just 4.5 miles from Downtown Cleveland. This property is also less than a mile from the centre
of Slavic Village.
The property is divided into four spacious one bedroom apartments, you have two, one bedroom apartments at the
front of the property and two, one bedroom apartments at the rear of the property. One of the apartments has a
tenant in place paying $675 in rent each month. The three remaining apartments needs some small cosmetic
repairs needed to be made rental ready. The works are included in the price and will begin after the new owner
closes on the property, when completed the management company will also place new tenants. The apartments
will be supplied rent ready to Section 8 standards, the current market rent for Section 8 is $850 – $950 each Month.
Broadway/Slavic Village is viewed as a very central location in Cleveland Ohio, it is just 4.5 miles from Downtown
and 4.3 miles from University Circle. The property is also just less than a mile from the centre of Slavic Village which
is going through large development projects. This is one of the most up and coming areas in the City and in huge
demand by investors. The house is also just 1 mile from the brand new Amazon fulfilment centre and latest
acquisition of the 1.273-acre site of the former Mound Elementary School on Mound Avenue at East 55th Street