Four bedroom house, City of Cleveland, USA
City of Cleveland, Cuyahoga County, Ohio, USA
Property ID: 41702518
Summary Data
| Price | £73,798 |
| Price Type | |
| Bedrooms | 4 - Bed |
| Bathrooms | 2 - Bath |
| Plot Size | |
| Building Size |
| Sector | Residential |
| Type | Houses |
| Subtype | |
| Tenure | |
| Completion | |
| Parking |
Location Map
Property Description
This fantastic two apartment multi family home is located in South Broadway which is just 5
miles from Downtown Cleveland. The house is also bordering on Garfield Heights and is just 2.8
miles from the famous Garfield Heights High School. Garfield Heights is one of the most
demanded and prestigious areas in Cleveland
The property is divided into two large apartments. You have a large two bedroom apartment
downstairs and a large two bedroom apartment upstairs. The property also has Section tenants
in place in both apartments. One tenant is paying $850 in rent each month and the other $650
in rent each month. The market rent is now closer to $900 – $1,100 in rent each month.
South Broadway is just South 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 due to new build properties increasing the value of the properties in the surrounding
areas. The house is less than 1 mile to the centre of Slavic village and also just bordering on the
famous Garfield Heights, one of the most desirable areas in Cleveland.
Return of investment
17%
Break even in
5.8 Years.