Nubricks.com
Property Sales - 41702193 - House in USA, Ohio, Cuyahoga County, City of Cleveland
This fantastic four bedroom family home is located on a nice street in South Broadway which is just 6.8 milesfrom Downtown Cleveland. This property is also next to Broadway Slavic Village just two miles from SlavicVillage, one of the most demanded areas in Cleveland due to the new build homes increasing in the area.The property has three bedrooms, one bathroom, a full basement and a large rear garden. The property has abrand new roof and all new windows. The house has just been vacated and needs some cosmetic repairs to bebrought up to a Section 8 rental ready standard. The funds are included in the price and the works will beginas soon as the new owner closes on the property. When complete the management company will place abrand new tenant. The house should achieve $1,250 – $1,500 in rent each month based on current Section 8rates.South Broadway is just 2 miles South of Slavic Village which is going through large development projects. Thisis one of the most up and coming areas in the City and in huge demand by investors due to new buildproperties increasing the value of the properties in the surrounding areas. The house is also just bordering onthe famous Garfield Heights, one of the most desirable areas in Cleveland. The house is just 1.2 miles fromGarfield Heights High School.
Return of investment
19%
Break even in
5.26 Years
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£71,250
Global Investments Incorporated
Date added: 17 Jan 2024
£63,607
Date added: 30 Aug 2023