House for sale
£83,139
Ohio, Cuyahoga County, City of Cleveland, USA Property ID: 41699342
Property description
This great large two apartment multi family home is very well located in Cudell on the
Westside of Cleveland. The house is just a short walk to The Amazon Hub @ 10801
Madison Avenue.
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. One apartment
has a tenant in place paying $700 in rent each month and the other apartment also
has a tenant in place paying $550 in rent each month. The current market rent for the
apartments is closer to $750 – $950 each month.
Cudel is located on the Westside and viewed as desirable location in Cleveland Ohio, it
is just 5 miles from Downtown Cleveland and just 2 miles from Detroit Shoreway which
is one of the best areas in Cleveland. The property is also only 5 minutes from
Edgewater park which features 9000 feet of shoreline, dog and swim beaches, boat
ramps, fishing pier, picnic areas and grills
Return of investment
12%
Break even in
8.3 Years.